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Didn't like this trade; I knew ahead time that I would lose money but I wanted to test out my theory on adjusting positions on trades. Apparently this doesn't work very well on Interactive Brokers or just a skill I need to improve. Set position way ahead of the price action at $4.10 not wanting to be filled waiting for the pattern. Tried to cut losses quickly.

Really choppy chart should have not been in the trade in the first place but I learned. Thought that the spike would pick up momentum during MARKET OPEN, I was wrong. Tried to set my shares to fill during MARKET OPEN: this doesn't work because Market Makers will fill out your shares for you regardless and push the price up to your order then back down again were you sell.

Partial fill for loss: learned plenty of great lessons though; Tim Grittani is 100% right, don't follow a word of what Timothy Sykes posts regarding alerts, it will go against you "for learning purposes ONLY." Learned how to safely close partially filled LMT order. Should have followed rules sooner cut losses quickly first large red candlestick. Also learned to read liquidity multi-charts 30 secs 5 15 minutes.

Partial fill for loss: learned plenty of great lessons though; Tim Grittani is 100% right, don't follow a word of what Timothy Sykes posts regarding alerts, it will go against you "for learning purposes ONLY." Learned how to safely close partially filled LMT order. Should have followed rules sooner cut losses quickly first large red candlestick. Also learned to read liquidity multi-charts 30 secs 5 15 minutes.

Mapped out breakout support-resistance points on the chart including market sentiment from chatroom. Followed my initial thesis on MARKET OPEN spike as shorts and longs both watching price action focused around $1.40 to around $1.60 learned more about spikes. I'm ashamed that I didn't hold longer, but I'm still inexperienced.

Apparently I still had a position in MOGO, on top of that I couldn't find any good plays this morning that fit my criteria. I think that is the market telling me that I "must first confront MOGO before any NEW play entry. Anything that could go wrong went wrong. If I followed my initial plan and held to 12:00 AM at least, than I would profit. I'm really trying to develop healthy trading habits by keeping my trades narrow, detailed, planned prior to time.
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.