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Gun chart pattern did did exactly what i wanted it to. I was patient, with my entry and exit. I got out because it was getting rejected below vwap. It spiked shortly after but it was a safe exit. I let mark Croock alerts in chat influence the timing og my entry and exit, which i wont allow to happen again. Took a lose but was still progress in terms of waiting for the right play to come to me.

I played a gun chart pattern of a morning spiker. I entered in during initial consolidation, which is something i have been working on lately. However i clearly did not let the stock prove itself enough as i got scared out by a little fade which ended up to be the true lower end of the consolidation, which I should have been waiting for. I then had the please to watch the stock sky rocket without me, only a couple minutes after I exited.

First Trade! This was an extremely ideal setup on a runner with huge volume. I played the intraday breakout and bought at the breakout level risking off consolidation support. However it was a fakeout and faded a little. I sold into the first pop off the fade, which was well above my risk level. If i had stayed true to my risk level and kept the big picture in mind, it could have been a very profitable trade. Lots of technical, psychological and emotional lessons learned.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.