Got in o what I thought was going to be a dip buy. Started consolidating instead. Kept it in play until a small spike and then out. Since it did not hit my stop/loss, no need to dump.
While paging through my watchlist charts I saw this beginning to move. In right away and out when it started to slow down.
IRA - Bad trade. No real reason other than seeing the name in the alerts. No good set up that I waited for, I just jumped in.
Tradefundrr messed up and didnt show my entry so I bought twice and got double the position, still I just cut losses too quickly... shoulda respected my risk. Only trading once a day now, respecting my risk, letting my winners run, having the best stock selection, executing, disciplined, actually hopefully will be profitable again, but I have to be consistent.
At the highs, way above VWAP, over extended, sideways movement, and clearly chasing. Everything Pennystocking Part Deux tells you NOT TO BUY!!! What was I thinking?!?!?!
Took good size position of watch list from last night. Plan was good. Timing was terrible. Stock seen a $10.8 high.
Bought on a dip off VWAP
Entry comments: Taking $1 risk size on this break out continuation play breaking PMHOD and M/r; looking for $10 but likely taking it off sooner, $8.90ish; risk is failing $8
Exit comments: Got out early as it got up to $8.86 but then in 1 min candle failed 9EMA pretty hard... got saved at the former M/r line but don't like the weakness so set my limit sell to a small scratch win and got out.
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.
