I got in this trade because it was OTC #4 Biggest % Gainer with Volume on 3/16 & I made $100 on it 3/24 think I can do it again. Dip bought 3/26 10:01 $0.091 4k 22% off 9:09 $0.116 HOD at support area on the 10-day daily. Price dropped so added 3/31 10:22 $0.0631 4k. LOD was $0.063 then slow bounce on low volume. I set my Limit Sell for $0.0964 25% win, just below my expected re-test of $0.10, & Fidelity got me out 4/9 11:42 $0.10.
I got in this trade because it was OTC #4 Biggest % Gainer with Volume on 3/16. Dip bought 3/23 12:15 $0.09 2.5k [partial fill; wanted 4k] 40% off 3/16 $0.1499 HOD & at support area on the 10-day daily. I immediately set my Limit Sell at $0.13 for the $100 profit & Fidelity got me out on the low volume bounce 3/24 8:48 $0.13.
Entry comments: OTC Runner. I got FOMO and bought some in the dip for the breakout. Then it failed and kept adding. Now I am just holding and hoping which is never a good strategy. Will sell at the open.
Exit comments: Tim Sykes teaches how you should not hold and hope. That is exactly the opposite of what I know I should do and it got me in trouble. I took the loss before it starts getting worse. FOLLOW THE RULES
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