It was running. Just jumped in a momentum trade.

It was running the day before. I have not been following news lately much. Just playing the action.

It was running the day before. I have not been following news lately much. Just playing the action.

It was running the day before. I have not been following news lately much. Just playing the action.

Day trade

I decided to try and swing again as I have not had much success day trading. The plan was to buy stock closing strong and sell P/M or at the open before everyone takes profits. It ended up dropping before the close, and had a weak P/M with super low volume, drop out the gate. I held and held and jumped out with a 10 cents loss right before it jumped to 3.43...

I cut my losses even quicker than my risk of .12. It not once touched .12, yet I missed a move to above .13… Where is the balance between bag holding and cutting losses too quickly.

I did not honor my stop of 1.50 and lost more than necessary. However, lately in an effort to cut my losses quickly I do not let the chart develop and I keep having small losses instead of gains on the same stocks…

It wasn't spiking as I had hoped, so I got out with a small profit - loss due to small position and commission.

I went in aiming at 1 cent as it was overextended from yesterday and P/M, plus the markets were down. I jumped in quickly cool and collected following my plan with a small position. My limit buy order was for .22 but I got executed at .2159 on a dip. The stock strongly went up and I sold at .23 instantaneously. Makes a sense to sell into strength for better execution. It touched .24 briefly and then tanked to .16 all afternoon.