timothysykes

Entry comments: I dip bought this new runner that's breaking past 2 day highs and looks to be a solid short squeeze like I wanted on Friday morning, just hit the 4.90s, I think it can get back there later today or early tomorrow

Exit comments: No bounce, rule #1 cut losses quickly, especially speculative late day short squeezes like this

5
310

DatePrice
Entry12/2/20194.55
Exit12/2/20194.37
  • Total Views498
  • Position Size2,000
  • Percentage-3.96%
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only:
Wildfiyah
WildfiyahDec 02, 3:34 PM

Will always remember rule #1

204edoane
204edoaneDec 02, 3:37 PM

Will it recover went to 4.66 back to 4.20 and looked like it was rising again

moneymaking1043
1
moneymaking1043Dec 02, 3:41 PM

React dont predict. Very important lesson to remember. ^

204edoane
204edoaneDec 02, 3:46 PM

Understood. Thank you

Kari
KariDec 03, 3:05 AM

Great lesson , if you wanna avoid risks, stay away from these late day speculative short squeezes, Thanks Tim!

Join now or log in to leave a comment