dip buy
This one is bouncing between .54 and .59.. I planned on it hitting .58 but this move only made it to .56 and if I was actually watching, I would have sold when I saw it hit there and then start on it's downward path.. It might be going back up though to bounce to that level again, but I chose just to get out.
Second trade on the same stock, gave all my profits back. No indication given to buy, and yet I did. Have to rely on key levels to make buying decisions.
Stop Loss hit, but it's managing my risk! Need to re-work to a less percentage!
Trading huge volume took a stab at it multiple times and ended up with a small loss
Gap and Crap Reversal. -0.21R. Took the afternoon entry. It could not go above .58 and took me out at .53. I added the “over the VWAP” to the criteria. Cannot be buying a gapper if it is below VWAP. Need some confirmation. PT was 0.7.
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