Chased this one on contract news. Held too long hoping it would regain it's gains. Took days to come back up. Failed to follow rule #1
Learned cutting losses the hard way, held on to hope that it would eventually come back. This is a sure way to burn out an account
Previous trades before consistent profitability. Learn from the ideas that were timed incorrectly, so you can change the timing and correctly profit on your trades too.
ENTRY COMMENTS: HOLD IT OVER NIGHT @ 1.25 TO SEE IT INTO MORNING SPIKE. EXIT COMMENTS: FAILED THE MORNING SPIKE. IT HAS SOME RESISTANCE @ 1.4S
This is an older trade so I sent remember why I traded it exactly. Good trade though
First live trade of 2017 as I posted here http://tim.ly/2idu88j not perfectly times, but I took the meat of the move and made nearly $2k on a VERY inefficient trading setup...good lesson and part of my overall $10k profit today, getting used to sizing up on my positions again!
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.
