IRIS Recommendation - sold when price hit stop loss
Entry comments: Up trending for several days and has good new so bought a small position and then added when that went up.
Exit comments: Thought it might go up more but it didn't. Made a small profit but should have locked in profits the same day.
Entry comments: Up trending for several days and has good new so bought a small position and then added when that went up.
Exit comments: Held thinking it would go up more the next day but it didn't. Sold for a small profit.
Bought the big Elephant bar right at the open and got greedy. Should have sold at 10:03 ish and made about 4% but was too greedy and emotional rather than trading the PA and seeing it top out. But new strat risk plans are working when I work them to keep losses small
SmCapSniper recommendation: Once again after setting bracket watched a steady decline to Stop Loss Price.
Entry comments: Not exactly a perfect pattern. This was a big spiker three days ago and has been kinda hanging on. Fading volume, VWAP lined up with the R/G level so I shorted under that. My stop out will be break HOD at 5.70ish...a good profit target is harder to find. SMA 200 is near VWAP but the chart is up nearly 100% over three days. There are oracle levels at 5.33 and 5.23....I'll probably scale out into those even though if I swing it I could probably get a lot more.
Exit comments: I stuck with the plan, scaled out half at 5.33 and half at 5.23. Glad the plan worked out even though it wasn't an exact perfect setup. That is why i kept the goal very very modest for a small 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.
