SO I wanted to share and put some thoughts out. Not sure if this has been mentioned. I am very new to blogging and posting like this.
Last night I noticed the run up on ALPP (which I have traded 2 times on and won) looked almost exactly like DCGD back in July well before it hit $2 PS. (I have been working backwards thru the Video lessons and those are the ones I am on right now.) So I was thinking/hoping/expecting it would drop 50% today just like DCGD pretty much did. I run a business so couldn't sit the whole day and also was in area's without internet. After the first little dipping action I put in a BUY order for 2000 at .20 cents. It was in-between the 2 dip buys Tim did today. I have a VERY SMALL account and have only been trading for 1 month and am no where near ready to try and short sell.
I put that in between 11 and 12 trading time I think. I didn't want to miss and if it dipped that far midday I felt like it would really bounce. Around 3 Eastern when it was still working down I cancelled my order. I still felt it was going to get down to 20 cents but with it being the end of the day I am planning on watching for a morning DIP tomorrow then buying and most likely holding for a few days. Will get out if it keeps going down. But with running my business it is rather hard for me to get in and out in a day and I have been watching this stock enough and looked at the feeds and pumps to feel like I actually have a good feel on what is happening. Posting here to share info and also track and see how I do.
I am loving the history being taught and all the VL's I have been watching. Thanks @TimothySykes
And I by no means think I am even remotely good at this. I am just trying to learn and share and would love feedback. I am looking forward to seeing if I just got real lucky or am really learning :)
yes, ALPP was similar to DCGD as a short, if you were dip buying ALPP was more predictable however. You gotta watch the chart not blindly place orders tho. If you get executed at 20c, what if it drops to 10c?
I am usually checking thru the day but do loose service from time to time. Also because of having to run my business still I am looking more at trades that I will hold for a time vs pure day trading which I am looking forward to getting into more as I have time. So right now though I don't risk anything I am not fully ok with loosing. But there is always that chance it does die out. I was meaning though more than just yesterday on ALPP but more of how the run up has been going and looks a lot li
like on DCGD when it first started running. Then today it came back u similar to DCGD after the red day on 7/23. I haven't figured out yet how to check interday charts on STT when older than 1 month. @Androo
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