RCT. News spiked from .39-.59. I held this until after the open and I told myself multiple times that it could most likely go back up to the resistance level of .54. The volume continued to flow in and Support was strong. I again sold too early when this slightly struggled to get over .50. I should have scaled out. This put in 2 RCT's in a trend up to .78 after my sell. I WILL DO BETTER!!! I WANT TO BE MORE PROFITABLE!! I WILL BE DISCIPLINED AND FOLLOW MY PLAN!!
Did not wait for Oracle signal and got stopped out. It ran as ORACLE said and would of paid over $1000.00. Lesson learned wait on the signal. Live to trade another day.
Position: 100. Entry: post 9:45. signal hit. Exit: hit stop loss (adjusted upward). Comment: adjusted stop loss too early and too tight. set a pt of 25%, reconsider pt % (10-15%) on initial vwap break with signal. was able to stick to plan, trade signal post 9:45am. Continue to practice patience and discipline.
Great trade, got it on a ramp up, sold near the high....sideways now, may go up again...Got my piece.
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