this was my WTF was I thinking trade. researched it the night before. made a plan. biggest part of that plan was wait 30-40min after the open to buy it... NOT 5 MINUTES in stupid!! it tanked so fast I couldn't get out. then it bounced and I could have more than tripled my money but because I just had one I held and hoped and lost, wasn't going to do that again. this also was the start of a big losing streak... yay me.. back to studying more.
This one went from .28 to closing near day high at .55. Each time in that its done this in the past it has had a good gap or green day after. Worked out this time as well!
Overnight hold, didn't do a proper morning spike
Tried to dip buy this but it just kept crashing. Good thing I cut losses. It went down to $0.48 10 minutes later. 20 min after that and this stayed below $0.46 the rest of the day. Nice bounce though. It had a low of $0.30 the day afterwards then went up to $0.51 the day after that.
tried to dip buy this morning panic got in to early and tried to get filled when it looked to break support at .58 but it blew through my order. i went in to big on a stock that had only paniced 20% took a bigger loss than i planned on.
Entry: Strong 1st green day with news, looking for morning gap up Exit: Got the gap up but my dumbass didn't sell. TAKE PROFITS
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