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I bought this stock from a tweet of news that they got FDA approval to ship their products. The stock wasn't doing much but I bought it in hopes that the news was still new, mistake. I was a bag holder and was lucky to get out where I did. Lesson learned don't buy news especially if the stock isn't reacting.
Was trying to dip buy this contract winner but it only bounced .10 and I missed it. I didn't sell at 1.95 because I thought it would go higher. But I did cut losses quickly.
I bought this stock on the dip with the plan to sell if it breaks the support at 0.38. It broke support (only for two cents to 0.36) but I stuck to my plan and sold at 0.37 and cut my losses quickly. It panicked 19% and bounced 13% but I need to look for more panic than that. It ended up bouncing to 0.42 in 7 minutes. I have started to track the % of panic, % of bounce, and the amount of time, in minutes, it takes the bounce to happen. Maybe I wasn't patient enough.
I thought this was going to be a break out. I had my buy order set at 3.85 and then I thought it was breaking out, I chased it. Lesson learned, don’t chase!
Alerted in the chat room. Corona virus news after hours. Held overnight. My first extended hours play and learned how to execute those orders.
Tim Alerted in the chat. It opened at 0.30 and dropped to 0.18 where I bought it. Then it dropped further to 0.06. News was only 30 minutes old. Going to hold for a couple hours to see what it does. The glory of a $10 position is I don’t have a lot to lose. It didn't spike on the news, ended up holding overnight to avoid PDT.
I didn’t pay enough attention to the consolidation before the breakout and I sold in the consolidation. Consolidation is the number #1 sign of a breakout coming. I was focused on the fact that it couldn’t break 1.00 and 1.03 but I didn’t pay attention to the fact that it wasn't dropping below 0.96. It has since gone to 1.43. FOMO! This was also practice and learning to execute trades. Lesson learned!
Was hoping for gains on the Uber IPO. Cutting losses later than I should have.
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.
