Quick loss
Started out great but turned to a loser
ENTRY: FRD, stock is up 150% ong, weinig cash, oplopend volume alleen volume is niet heel hoog. A setup voor mij. Ik short kort na open als stock rood gaat r/g=3.89, op 3.85, risk 4.06, doel 2.85, grotere size, 150 dollar risk. EXIT: Wall op 3.85 en ik word uitgestopt op 4.10 met slippage. LES: heledag stock in de gaten gehouden om te shorten en net toen ik naar de wc ging brak het naar beneden. Erg veel pech gehad. Setup was goed alleen wel veel slippage -200. Alsnog goede trade.
1st red day. Entered as it looked like it wanted to go green to red, and couldn't hold its break out over previous day.
650TH TRADE. MONACO SAID TO LOOK FOR A 4 DOLLAR ENTRY POINT, SO WHEN IN AFTER ALERT, FOR MY POSITIONS VOLUME WAS ENOUGH, BUT NOT GREAT. SOLD, BUT WILL MONITOR.
Shorted the g/r move for FRD. Nice controlled fade all day, covered half at $3.26 when it was looking like it was bouncing off of a previous support level. Covered rest at $3.33 since it looked like a confirmed bounce with not enough time left in the day for a bounce and new lows. Don't want to hold o/n so taking profits. Ended up bouncing to the $3.40's, will see if it goes lower tomorrow.
AWESOME WIN. I was so close to taking a full sized loss, but I stuck to my strategy and waited for my risk level to be broken on this FRD pattern and the stock cracked hard (despite getting very thin) and the longs just never committed to taking it over HOD. I did anticipate my entry again which is 100% why I almost lost, so I HAVE to stop doing that. It cracked hard and bounced, so I added/lowered risk to nearest bounce high and added again at r/g LOD break. Ab a 1.45R win
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.
