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Here is what is currently happening.
Not following any trading plan. was only a revenge trading because of the morning loss from the same stock. hoping it would spike into the close.
What a ride! Entered on a alert from chatroom. Thought I had a good entry but I got squeezed and (obviously) I averaged down where I thought it would be top. And it was. Exit was almost perfect but I did't get executed and had to exit with market order which ate loads of premium.
SUPER SALE STRATEGY per my 2/27/21 Profitly blogpost. Dip bought 3/17 8:51 $0.006 50% off 3/16 $0.0119 HOD. Price went sideways and volume faded away. Price hit $0.0068 on 3/20 low volume but I thought it could go more. Price hit 3/23 14:25 $0.0067 on low volume can't even seem to challenge 3/20 $0.0068 so I got out 14:55 $0.0066.
Trump news of "getting arrested" not going anywhere. Cutting for now. Might revisit.
I learned never to use market orders because I tried when this was flying in between halts but the market makers absolutely fucked me with the executions. Maybe my wifi was too slow, dunno. This didn't need to happen and it never will again.
Was a day trade but turn into a swing since it never hit my goal. The next day it was still no vol, broke trend as it collapse so decided to exit close to breakeven eventhough breakeven is not the rule, but at the same time holding and hoping it will somehow spike back to trend is also delusional. Not taking a loss after a swing like this; it never reach 3:1