8/23PM: IMNP was on the move from the 1.20's all the way to the high 1's. I missed my entry in the 1.80's when it spiked to the 2.40's. It came back to hold around 2.15. I bought some at 2.22, and later bought some more. Pretty much been sitting through 2 hours of consolidation between the 2.30's and 2.00. I decided to lower my size, a few times, and then re-bought some shares. Had my avarage down to 2.17, and then decided to sell it all at 2.20. This was after almost 2 hours of the stock not going anywhere, and it was around 3:40PM.
Within seconds after my sell, the stock spiked to the 2.30's, and broke the HOD at 2.46. A minute or so later, it was in the 2.50's and touched 2.62. I was pretty frustrated, but all you can really do is laugh.
I even mentioned in the Challenge Chatroom that when I sell, the stock will likely spike. And that's exactly what happened. Of course, it had nothing to do with my sell, it's more just coincidence. It's just funny that I said that, and it turned out to be true lol.
I could have been sitting on another $150 profit, but I have to take a $20 loss instead, due to my bad sell and commissions.
All three stocks that I have traded today turned out to do exactly as I expected. It feels good to be on the right path. Just have to refine my stragegy as far as entry points. I tend to get impatient, and just want to get in.
@doron18 If price action is right, yes. SureTrader has shares to short.
I checked again the long term chart and looks like it might have 0.3-0.5+ before it bounce back to the 1's... so check the morning movement..
Awesome trades
@TicoZX It's always easy said in hindsight, because we get to see the results instantly. But after holding for 2+ hours going back and forth, putting in 4 highs and 4 bottoms, I decided to bail.
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