IRIS play with potential upside of 1161.40. Keep risk at 5% and lock in gains if in a downtrend. This was too bad because it bounced to almost the target price, but I didn't catch it in time to set my stop higher. At least it's a gain.
This was a good plan, unfortunately, I had trouble entering it and ended up chasing the entry price. I know better and knew the moment I hit the button this was going to turn into a loss because I didn't follow the plan that looked so good. Hopefully another lesson learned.
This one just took a couple of more days to breakout. Right idea overall. I am a multi-million dollar trader.
Posting this trade on 11/11/2025. I do not have comments to this trade because I was not keeping a journal at the time. Started a journal on 11/07/2025.
Posting this trade on 11/11/2025. I do not have comments to this trade because I was not keeping a journal at the time. Started a journal on 11/07/2025.
dip buy
Moved up to 5.50 after the open then pulled back and was holing in the 5.20 range but as soon as I got in it tanked below 5.00
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