Entry comments: Took a position on this ultra low float reverse split bio tech with a history of supernovas/spikes...Goal is a 30% bounce from it's bottom.
Exit comments: Cut this turd out of frustration. Probably will regret it, but I just lost on a separate huge trade and feel like I'm just not clicking with the market. Will try harder to only take the best set-ups right now - nothing speculative.
Took a position on this reverse split - HIGH probability for a 30-70% bounce at lows. Took entry at just 10% of the bounce, but this one did fuck all, all day. Decided to take gains instead of ANOTHER loss. OF course it popped to $5 right at AH, but got slammed back down ($5's not even showing in STT, but I saw it print). Still looks good but I'd like this more in the mid-2s than here.
Entry based on 1.00 break never took profit at 1.10 exit based on cut loss
Momentum learning
Dip buy at 7am. At 8am news of reverse split broke and I was distracted thinking it was the normal 8am price jumping around. I avg'd down significantly and was able to exit with a smaller loss.
Bought 1k shares at $1.05 for a dollar cross play. Held into the open with good volume and was up to $1.17 but halted and did not get sold until after halt and dropped quickly so cut losses.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
