Filters (0 applied)

Attempted to play a 09.45 D&R. Entered just before the PM HOD with the rationale it may spike quickly. At one point I was $5 up so could have taken a small win but based on volume I thought I could make at least $15. Started to fade and my plan was to stop at $1.30 but the candles suggested it may crash IMO. Dropped to $1.25 at one point, although it did rise to $1.58. Yes, this is a loss, but its also a lesson. I stuck to my plan!

I held XELA overnight, not realising my stop got cancelled at the close. My theory was XELA would continue to rise if it broke 0.70, but my work schedule meant I couldn't monitor the trade, and didn't know how to re add my stop. I cut took a loss to be safe only to return and find out my stop wouldn't have been breached, instead bounced almost where I cut and cruise through 0.7, and is currently at 0.87. Theory was correct, execution was poor.
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.