So glad I had another account I opened to be able to trade after this HOT WEEK with all these super nova's!!!
So my first trade on GIGA it was a gainer pre market. Got in at .98 and thought I would risk .90 which I did. Had gone to 1.60 premarket so was hoping it would do same at market open. It never did So got out.
LINU is just yet another super nova and I got to be apart of it. Took 2 trades on this one so I am done trading till next week. First trade got in from an alert by someone in the chat room. Checked it out and got in on breakout because I liked the chart and pattern play. Got in at 1.43 and out at 1.53 after it looked toppy at 1.60. Yet after that the stock spiked to the 2.20s and then pulled back. After a double top and then breakout I got back in at 2.33 (yes I know I REALLY chased here) but after seeing this having massive volume and knowing how the market has been this past week, I did not want to pass it up. The only part about this trade I was frustrated with was that I could not size up because I did in my last 2! Darn or else I could have made much more . But I made almost 16% so I am very happy with that. Great learning trade for me.
Hopefully next week we can find some more super novas and grow this account. But of course everyone wants that right? So do NOT force any trades at all. Take caution and trade like a scared castrated choir boy. Don't forget 90% of traders loose money so trade only the patterns that fit your niche.
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