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this has been moving quite predictably through its channel, first an upward channel, and as of the past month and a half moving in a sideways channel. Still predictable in its price movement, I put faith in the fact that it was about to uptrend in its cycle, which it did for a nice $1.40 + profit.
took a bigger position than I should have being that i did not have a plan going into the trade.. broke rules but as quickly as the stock dropped i will say i got out as fast as i could have, losses would have been much greater only seconds later.
Due to DT rule I was restricted to hold overnight. Watched this fade all day but start to pick up strength around its support at 1.10 and gained momentum towards the EOD. I should have stayed away since volume was weak but was looking for a trade. my haste due to being restricted. Anyway, luckily it held up well and finally gained volume and strength into close on 5/18. held for morning spike next day and sold into spike making .05 cents a share. follow rules and volume! stay patient!
This trade was a huge mistake. I tried capitalizing on my huge gain from minutes earlier and wound up chasing this into a panic, could not sell quick enough due to another trade I had opened and was not able to pull trigger fast enough. Washed out big portion of my $700+ profit trade from minutes earlier :( good lesson learned. Luckily I was still able to profit after this fowl up
Took profit as soon as I could. Opened another trade while this was open and was a good learning experience on what not to do.. I will stick with one trade at a time when dealing with volatile stocks
Got a quick profit from this trade, was actually up $1k but I initiated another trade while this was going on and I was unable to sell as quickly as I would have like to keep all $1k profit. Ill take $700+ profit in less than 20 min every day of the week.
Tried to snipe a quick trade but it didn't go my way so I got out asap. NEXT.
was able to get in and out quickly with a small profit, even though i missed the initial rise with volume. did not want to hold very long since i was at work, so it did hit 1.22 just before power hour. small profit better than a loss.
had volume and no resistance marker so I played a quick one
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