Thought break of 8.00 would run -- did not work

jan22-9/15/23

lets see how importing some old trades goes. weeeeeeeeeeeeeee

Sold half 3 for 50% win nearly and this half finally dipped hard the last 2 days so getting out for a nearly even trade overall

Small account trend trade, cut when broke the 50ema, but will be watching for potential reclaim for the trend to continue

King of break out, King of break down, King of sqz! If r:r is not >=2, ignore 75% Options 25% pennystocks

Getting to know this ticker and how its options trade. Every day it gaps down, so I sold yesterday's position yesterday and rebought this morning once it proved it could hold above multi-day support / prior resistance. LESSON: Work on selling into first spike to maximize profit.

Entered at consolidation after stock proved it could hold above multi-day support / former resistance level. Intended to buy 35 contracts and was accidentally filled for 70 - my change order went in as a separate buy order. Safely took off the unintended size - holding my intended 35 contracts looking for a push out of consolidation over 11.50 or 12.

Entry comments: Commodity play on worldwide wheat shortage news. Bought 10 contracts at 1.05 on Thursday and added 5 at 1.35 Monday following weekend news India will halt wheat exports. Holding 5 looking for break of 52-week highs.

Exit comments: Damn - misplayed this one. Sold 2/3 of position for $350 gain then gave back $275 by holding 1/3 in anticipation of b/o. LESSON: Do NOT hold and wait for days - close out, get peace of mind and lock in profits. I can always buy it back later.