New Challenge Student. Just my study thoughts. Recently started trading. Not expecting anyone to read this. For "diary" purposes only.

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2nd executed trade...FIRST WIN!!

XGTI. Earnings winner. Up 20% premarket. Low float.

Entry: 111 shares @ $1.78 (low was $1.72) (Risk: on support at $1.70)

Exit: $1.96 (high at time of exit was $2.07)

Really wanted to enter at red/green at $1.73ish, but I remember Tim Grittani saying something about not liking to buy below VWAP. Once it up-ticked above VWAP, I entered.  Big green candle the next minute up to $1.93, but didn't hold. Spent the next 30-min channeling between $1.73 and $1.83. Finally shot up to $2.07, but already had my sell order in at $1.96 (10% gain).  Didn't want to stick around too long, wasn't confident it would hold $2 based on a choppy first 30-min. And as of this writing at noon Eastern, I was right!  

1st win, but not getting cocky. Very small position with my very small account. Little under $20 profit before fees. BUT, it's my first green day and I'll take it! Start small. Win consistently. SCALE UP.

Off to start TimFundamentals Part Deux.

#sniperlife