Hopefully I am ending my string of losses going back to just taking 5% wins and not trying to predict where the stock is going to go I need to size down more as well
Learning and trying to stay patient in this bear market.
This was just a losing trade right off the bat. Entry sucked. Could have shorted the bounce after the initial spike fall down and made a profit but lost out on the play opportunity.
I liked this trade. Got an alert that it was spiking high on a one minute candle stick. seeing how thin the candle stick was I shorted near the top of it quickly. Didn't take long for the stock price to drop down into my profit taking area. Putting a stop loss a bit above my entry. Happy to manage my risk better with setting stops in place. knowing it will exit if im wrong about the play.. manages my risk as well. Having a position size that is around 10 percent of my overall account makes it EZ
trading career might be over, i don't have the patients for this crap
Entry comments: Bought on conference news for thursday
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.
