Today was a good day. I started off by trying to buy $XGTI off of the bounce on the morning panic, which had I paid more attention would've been a profitable trade too, but I held it too long and it never returned in my time frame. I'll post these trades once they settle, but right now they are processing and I like just importing them from Fidelity.
Anyway. I feel like I'm starting to see the pattern and price action better. I'm understanding the intricacies of Level II and how it is influencing the price action. In short, I have fallen in love with it. I think my eye for trading is improving dramatically. I couldn't be doing any of this without Tim's guides and videos. If you still can definitely watch Trader Checklist. Totally worth it.
I saw this afternoon breakout on $XGTI and I knew I'd feel guilty if I missed this opportunity. I saw it breaking the resistance of 2.35 and I got in as it was crossing 2.45. Since I don't have a lot of buying power commissions kind of suck for me right now. This trade I needed 10c a share to breakeven, but it shot right up there and it was just great to see the pattern take shape. eventually fought it's way up to 2.70 and I sold. Boom! Twenty dollar gain! It's not a lot, but for me it's a sign of progress, and that makes me all the more excited to see where this journey takes me.
God bless you Timothy Sykes.
Congrats!
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