The past few days have been great trading starting Last Thursday with my 2 calls on $AMZN netting me a little over $2,000 in one day then There was $ARRY which i traded multiple time with the first time being a loss of $260 or so when i initial;y bought it at 6.02 and it dropped 13 cents in a split second and stopped me out. I wasnt mad an i was confident enough to rebuy this stock if it attempts to breakout again so as it pushed through 6.10 i bought 2000 share sames as before and placed a stop at 5.98. From there it climbed to 2.27 and pulled back all the way to 6.01 and somehow i didnt get stopped out and i expected too but i was fully prepared to take the loss and move on so i left the trade running. My price target was 6.50 so as the stock pushed through through the half dollar mark i moved my stop up to 6.48 and waited and watched the stock until i saw a little weakness at 7.20 and got all out at 7.16 for a $2100 gain wiping out my losses. I took this trade based on @timothysykes HTMM dvd buying breakouts and remember that this was an over crowded short and they were being stubborn and not cutting losses l
For some reason there was an error when i was verifying these 2 trades so my my two entry points got switch around so i really only loss -$265 initially and gained $2100 on the second entry.
Right now my goals are to stay consistently profitable and to increase my percentage accuracy to 65% by years end and also working on position sizing so i can better deal with cutting losses on speculative plays.
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