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Friggin idiot sometimes. This is what happens when you force trades and don't wait for the best ones; you chase like a dumbass because you can't wait. Chased this up in a channel in anticipation of a new high of day. DO NOT ANTICIPATE, LET THE PRICE ACTION TELL YOU WHAT TO DO. UGHHHHH. Can't be too mad tho, this is a learning experience.
Took an o/n position on a stock that i thought that would spike the following morning. Turned out i was wrong. I shouldve also had a more clear determined risk.
This was a solid intra day pattern that Dux and Wolf had been talking about and i nailed it. I was an ascending wedge towards ho/d. I bought into a dip as the lows got higher at 3.60 and sold once it broke out and started showing topish signs at the round number of 4.00. Over all a solid successful pattern and well executed.
Ugh i was so close to nailing this! It dropped down to 1.80 where my risk was. That was where previous support had held so obviously i was risking there. After i bought it had a panic drop down to 1.65. I sold into it cause my support was broken. Then right after that it bottomed out and surged all the way up to 2.20. I can't be mad cause i had a plan and i followed that plan. No cry for me:)))))
i bought in at 10.75 at it was nearing 11. I was stupid in buying in anticipation. The real meat of the move was when it broke out of the 9.80's...That's when i should've bought. I was stupid to chase. DONT CHASE. AND DONT BUY IN ANTICIPATION!! Gosh i need to get a sign and put it around my neck that says don't chase and don't buy or sell in anticipation, it'd probably help me.
I jumped a little too quick out of the gate and bought at 5.13. I wish i had a better entry. I knew there was support at 4.65 so I'm SO glad i followed Tim Grattani's advice in Trading Tickers and did not sell in anticipation when it dropped down. As long as it holds support you're gucci. I sold my small amount of shares i did have mostly in the high 5.80's. Overall I'm happy i followed the plan.
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