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As I said in my previous trade, I left some money on the table so I found another good entry off a dip and made a little more this time.
Found this while pre-market scanning on Stocks To Trade using the criteria of stocks that are up over 10% with a Dollar Volume over 50,000. It looked good and I just took the first dip buy I caught. Sold early and left a lot of money on the table but at least came out ahead. It was moving super fast.
Studying starting to pay off as I made a pretty solid play here. Bought just after the dip and then sold not too far before the peak. Didn't get greedy and stuck to my plan, which made me $126 in literally 7 minutes.
I went in late on the dip and held out while it tried breaking the $2.90 resistance until it finally did. Finished the day looking good for me and then started to crash at market open the next. Sold as fast as I could but at least kept some profit and got another win out of it. Learning a lot from my studies so its starting to get a lot more fun now that I know a more about what is actually going on. Trying to keep good discipline.
You can view my next trade and probably figure out what happened here...
Lot of hype the day before and it came out of the gate blazing on market opening. I bought soon as I could on a spike and unfortunately it was right at the peak of that spike and it was all downhill from there. As it turns out, I couldn't of timed a better position to initiate a short, but that just wasn't the case.
Rookie mistake here with not knowing I didn't have a day trade left. Rush bought $INO without realizing that I had already used my max allowed day trades, then got stuck holding this until the next day where it sank $1.24 below my buy. $76 loss, but I think I made it out a lot cheaper than I could of. Won't make this mistake again!
I am kinda shocked on this one. It had every reason to go big today and just didn't. Stayed very level all day and then started tanking after 3pm. I should of cut my loses a long time before I did, so it was a $250 lesson learned. ;)
Really bad play here. Kind of a test, or maybe thats just my excuse. Ugh. Embarrassing.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
