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Entry: was looking for a strong rebound here from my entry price of 4.99, however my position was not large enough due to limited funds. RSI<70 and 4ema dictated there could be another decline. If only I had a 1000 and not a 100 shares! Damn. Exit: Surged a little today 09/08 closing @ 5.48 which would have put me in the green! Left money on the table considering my micro-position size due to limited funds. I did have a +.13 gain at exit but the comm kept me in the red. SAD
Not enough support for me so decided to average down on this one. On to the next one...
I learned a good lesson from this trade. I now realize how bad it actually was and the fact I bought it with unsettled funds. It left my hands tied when I really needed to sell. The morning the money settled, the support dropped out before I could even enter a sell order. Oh well, on to the next one...
Just testing the waters here...not much capital at my disposal at the moment but a little profit is better than nothing! Also learned an invaluable lesson!!!
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.
