MXtrdr237

Good morning traders!!! Made the biggest goof of my trading life. Was watching this play from yesterday. Extreme volume, low floater, hot sector. Everything was looking good! If the volume was up pre-market on a low I was going to buy in. Got in a little late but still in a good position... Or so i thought. I thought the volume was up to 298 million with a low float and instead (darn my eyesight) I took a closer look after I bought into the excitement and it was actually 298 K. LOL! I COULDN'T BELIEVE IT! But I was already in and I hoped for the best based of the previous 2 days. Anywase, my plan started going bad and I cut my lossses quickly. Amateur move. I should have been more patient and made sure the numbers are what I thought. That's what I get for being impatient.

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MXtrdr237

Had an eye on CCHH but the chart wasn't looking so good. Saw UOKA on a dip with high volume and decided to take a calculated risk. Bought 1,276 shares at 64 cents and was able to sell at 84 cents per share for a 19 cents gain. Thanks to our coaches constantly hammering us on studying. I was able to catch this one.

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MXtrdr237

This was my trade today (UOKA). It was a small win that could have turned into something bigger but... I am a beginner and I was definitely playing it safe. Inexperience had me panicking at the market open because I had gotten into the trade pre-market. But based on the float, volume, news, and chart the way it was looking. I should have stayed. I entered at 2.11 per share and exited at 2.22 per share - give or take a couple of dollars. Again, not a big win. But today wasn't all about winning for me as much as it was about learning the process - finding support and resistance, recognizing a clean chart, knowing what certain technical indicators are telling me and when to take action.

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