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I got into this one after massive dip and new uptrend. I sold a minute too early, but I got out as it wasn't moving AND it fell out of my channel. I did hold a little longer after it left the channel initially and it moved up which helped. It's @2.29 right now..and went to 2.37 right after I got out. But I got a win here.
ENTRY: Took small position at previous PM highs which was also an RCT signal. EXIT: Scaled out too soon per usual. Avg sell price was 8.28, highest sell price was 8.42. REFLECTION: Still new to PM trading so I took a small position and still made a 9% profit. Can't be too mad at that. I'll size up in PM when the time is right but for now I'll keep trading small positions until I get more comfortable.
Waited for this stock to put in an RCT candle. When it did, it started to dip down quickly. I bought when it bounced back up to the entry level and it continued to spike when volume came in. Sold into strength, as it went to the $9s shortly after I sold. Either way, this was a good trade with small size. Taking singles in this market.
I played this one wrong BUT maybe not. I played my plan. It went below my chart channel My rule is now to get out unless I am really confident. I don't like these higher priced ones right now.. this isn't even that high priced but anyways.... it's @6.60 now.. ugh.. But I did stick to my plan. It went up right after I sold.. like seconds.
just didn't make the planned move. Also got in without my positive indicators, just based off of candles and that likely wasn't the best plan. It keeps using VWAP as resistance.. 3 times so far and keeps doing 2 green and 1+ red candles.. it will likely eventually break VWAP again.. but I'm out. And luckily green but that is only because I doubled down as I got in at a bad place.
Trying an XGPT alert - didn't really go anywhere - broke even on this one.
Cutting losses and paid for it by not following rule 1. Will do better next time!
Cutting losses and paid for it by not following rule 1. Will do better next time!
Re-entered on a slow uptrend toward the end of day to see if I could grab a bit back. Went up a bit and faded so out for a very small loss.
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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.
