9/21 Trades & Notes:
HOW FRUSTRATING! Missed my entry on TGGI because my eTrade account wasn't working through STT, missed the perfect entry at the bottom and the 100% bounce.As I'm typing this I now have missed an even bigger panic on TGGI! Wow, today is just not my day apparantly, it's a sign.Going to focus on watching the market today and paper trading.
ICOA - bought 29000 shares at .0172 on the panic, STT quit responding and I was totally blind. Was luckily finally able to sell at .0172 through my broker but STT totally SCREWED me! The stock continued to panic and I was freaking out and am totallydone for the day, as I watch it finally bounce.
CYBL has gapped up or ran for the past 2 mornings, if holds near its highs today may try a swing trade to see if the pattern continues. Sell into strength.
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9/22 Trades & Notes:
AXTG is the perfect example of why not to chase a breakout! If you miss the first little dip, don't chase into the 2nd because it does not bounce nearly as much, in my experience.
ILUS had a morning panic BUT wasn't as fast to rebound, it eventually did if you held for about 10 min, but way too slow of a bounce. Was the best panic dip buy play of the day.
ISWH also was a morning runner similar to AXTG and they are both now fading after their morning run around 10a.
CYBL had a morning panic as well, ALSO SLOW AND SLOW TO RECOVER. Had the best dip buy chart of the day but much slower than what we have been seeing this week.
ICOA had a major panic a few minutes after open, but didn't recover hardly at all! If you weren't in and out within a minute you had no chance.
Overall, I didn't see the fast panic and fast recoveries this morning with morning panic dip buys that we have seen so far this week. For this reason, SIZE DOWN TOMORROW as morning panic dip buys weren't as hot this morning.
Didn't see any of my ideal perfect setups today soooooo I decided to hold back and not force any trades that I wasn't 100% comfortable with. Still a little gunshy with eTrade and STT having issues with my executions the last 2 days and I can feel that hesitation when I'm thinking of taking a postition. I do not want to enter a trade with any hesitation so I held back yesterday and will re-assess tomorrow.
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