$1,191 profit WATT Long Stock
Entry comments: Bought this premarket winner up on rumors of $AAPL deal http://tim.ly/20b2XPZ Bloomberg, Mashable covering the story, 1.5k shares in my small $12k acct, the rest in my $500k account, this low float/former runner is beaten down & it's a Friday so it can run, goal is to sell for 50-75 cents/share profits, its run more in the past, but it also has many failed spikes so I'm buying early and I'll exit if it fails, DON'T CHASE, 5.40-5.50 is key multi-day resistance, but if that breaks it can go...
Exit comments: Got up to 6 but I got greedy, I wanted bigger spike, now selling on failure to break above 6, grrrrr, this is what I get for being greedy, good lesson for me to stick to my original goals
Sheesh a little more patience and u would've nailed this trade tim
@ogarrido59 I have patience when price action does what I think, this one didn't so I play safe, not an exact science, but I'd do it all over again exactly the same
as always the perfect entry nice one Tim
I have a question Tim, How you skip the PDT Rule? You had more than 3 trades in your small account. Congrats awesome trade. Thanks.
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