Have traded in the past just using floors and resistance with success. Did the same today to try to go back to old days when I was up $1800, but today it was on a steady downtrend moving into earnings. Didn't want to be here for earnings as something doesn't seem to be right with the date given/price action. So just exited. Stock is generally on downtrend after an uptrend, but there was a definite midday surge with this stock lately. So gave it a go, but only downtrending intraday-- so exited.
Used FLUX alert and got out as it hit resistance at .63 multiple times.
Sweet #6. Only risked .5% but still made around 1%
dip buy
Bad entry, bad exit! Chased a break out and got in too late and panicked and got out to soon. Should have entered on the dip at my exit time and price. Way too anxious to make the trade trying to catch the front end that Tim so frequently speaks about... Totally screwed this one up!
Getting better and making progress. One step at a time.
Got into the stock late not realizing that the stock was never going to go up from the high from the previous 2 minutes ago. Pretty bummed.
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.
