Taking smaller positions and using a more calculated percent of account. Bought this with positve corona news with already a solid week behind this stock . Could have held on to this one longer.
Entry comments: Entered on large pullback - dip buy at 6.03.
Exit comments: Worst trading execution on my part..... missed rally to 6.50 where I could have exited but wasn't watching. Had chance to get out at support but waited to see if it would ramp again - got stuck when it broke down. Several days of additional downward action. Finally leveled, rallied at I got out at break-even. Broke all the rules including rule #1 cut losses quickly. No loss but a very bad habit.
Dip Bought on poor earnings. Sold for come back towards price action. Following the charts.
bulk import for auto-trading. entries and/or exits may be combined averages of multiple orders. all trades use earnings as a catalyst. all trades were made using brokerage+ for trade-ideas -> https://www.trade-ideas.com/referral.html?p=chrisdwood&w=brokerage-plus
Trading what I know, while still learning. Trying to move from patience to sniping. Sitting in all cash currently.
I have a TD account where I hold all of my longs. Strictly based off of Short Scans and Longs. I short when the SCO Line is at 80, I get out when it's at 20. I buy long when the SCO line is at 20 and I get out when it's at 80. I don't chose all trades that come up in my scan. Sometimes there's a loss and sometimes a gain.
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.
