Good point very true Dragon.
I know I'm late to this conversation, but one thing that might help is putting in your limit sell order shortly after buying. This may need to be edited if it does not hit your sell point, but it may go past your limit and make you more than you expected in the first place.
I some times use a limit order after buying but only if the stock has gone against me and I'm looking for a quick exit should it go my way. Otherwise, I watch the trade like a hawk and have a limited order and a market order ready to go. Then I choose which one I need at the moment I want to COVER. Hope this helps.
I have to start doing that...
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have you watched any videos made by Timothy Sykes or any of his top traders? If not, start there. First rule of trading, don't trust anyone. Second rule of trading, have a plan. The plan is explained through hundreds of hours of Tim and his students explaining how to construct a Watchlist, know your % gains and possible loses.
dude this a community of learners and students. so let me give you a lesson: NEVER FOLLOW ALERTS. this post is irrelevant.
Dont ask. STUDY how to find good plays and learn the patterns.
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Yeah went to 6. I got in at 5.5 and got greedy and had to bail out at 5.45. Saw it go all the way to 6. You did a lot better brotah :)
Well I should've banked on it oh well it would have tanked if I would've held
You need to sell as soon as you see it start down trending. Remember, you can always get back in again on a dip if holds higher lows. A win is a win, and you should be proud of that. A lot of people lost money on that stock today buying it at the wrong time or by holding too long.
We'll I appreciate it I'm still learning I'll just take it as a leason
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@AsafRub Watch it again. I explain why I will occasionally buy stocks with under 1 million shares traded. If the stock is trading well above the 10 day average or even multi-month average.
@HebrewHammer Thanks man!! :)
thanks@HebrewHammer
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Not sure what you mean by this? Judging from the time of your post and that it sounds like you got long in the stock, you could jot have been red if you bought the stock anytime before 11:30 today. And then even after that sideways price action from noon to 12:45, the stock took off from there and finished extremely strongly. Unless you were shorting it and wrote long by accident, I dont see where you went wrong
sorry time of post is odd, i edited a previous post, and added this info. the purchase worked out for me this morning though, largest gains yet. it was dumb to have edited a post. i wont do that again. its confusing. thanks for the words though




the stock stopped again after jumping to 2.50 and is curretnly setting at 2.39
Bid 2.55, ask 2.00.
bid 2.50, ask 0.252. yes 25 cents
Did you sold before it crashed?
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