COUV was a Promoted Stock on OTC. Had shot up in PreMarket and I knew it would come down. It did come down to levels I expected and I saw an entry based on a Huge Volume Spike after a drop off and Slight Base Out. I was too Early on the stock and also too Large 4900 Shares for now which was too much for my small account at this time.
I have made this mistake before, but essentially I am too large on the size and my nerves kick in big time with any down tick. I was chopped out before the stock turned around and Grinded out Shorts all afternoon. A meaty .14 Cent Move on a .25 Cent stock. I was not prepared for the trade even though my intuition was correct and Volume Reading was correct.
You don't know what you don't know. Stay Confident.
Seeing Reversals Better. Saw the Bottom correctly, went in too big to old through the Chop, so-to-speak.
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