I was long DRYS overnight hoping for a morning spike so i can take a quick profit before class. I waited too long to exit my position but i still managed to make about 50cents/share. My position sizing was too small because i missed my entry point for the full position so i didnt want to chase more than i already did. This trade worked out well and next time i might be a little more conservative on being too patient.
I was still right to exit where i did because it did end up dropping more, maybe there could be an afternoon spike? it is still green on the day..
Posted Dec 01, 16 11:43 AMbyHIMMENY
Tickers
DRYS
Received 1 Karma
Not a bad trade. I managed to exit at $6. I kinda wished I used my other broker so I could have exited premarket
Join now or log in to leave a comment