Entry comments: This is Tweed on TSX in Canada. Looking for a nice move in Medical Marijuana stocks in the fall. My buy tweet
Exit comments: Taking too long to play out. Taking the profit and wait for definitive move in either direction.
Read the momentum wrong on entry. Was forced to hold through a huge dip as I knew this would bounce back above entry. Normally would have cut losses, but held strong and got out with a profit. Also, will be on the road all day today and don't have time to keep an eye on it. Live to trade another day.
After watching many of Tim's videos, starting to get familiar with level 2 data. Caught a trend just after market open and got out quickly.
Selling off the last of my TWD shares as I believe the SP will take a major hit over the next couple months due to a failing MMJ sector in Canada. The injunction killed it. Will buy in again around $2 or less.
Entry comments: Playing gap
Exit comments: Played gap
Entry comments: Falling knife grab
Exit comments: Should've bought more in hindsight
Entry comments: One of a kind in the public MJ sector. First company traded on a major exchange that actually grows and sells medical MJ. Good management, great historic location, cash, low liabilities, extremely undervalued based on *company projections*. low float. Amazing potential including exportation. Only thing I'll currently touch in the MJ sector.
Exit comments: My level 2 was not working properly. Was completely blind, using message board and twitter to try to get as close to live updates as possible. Without being able to see level 2's and up over 64% Put an order in to sell at $4.25 and didn't get filled. Without knowing live price it felt only right to put order in at an ironic $4.20. Waited a few minutes and it was filled. May go higher today, but being blind I didn't want to "guess" about momentum.
Bought IPO on Friday, knew it would spike today, thought 3.89 would make sense, was exactly correct, but still sold early because it consolidated at $3.10 and fading vol. Played it safe to recoup pre-mature buy on Friday. Need to be more patient on both ends!!! Always wait to see where IPOs settle, institutions will always erode the opening price. Ex. TWD: .89 cents turned into $5 before it even hit the open market.
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.
