We are a community of nearly 150,000 traders and investors looking not just to earn maximum profits, but to help each other learn and better capitalize on all the various stock market opportunities we see every day. Interact and learn with the best traders online who actually show ALL their trades, winners AND losers, to help you take your trading and education to the next level!
traders use Profit.ly. Join them today.
Here is what is currently happening.
Left a lot of money on the table on this one. 1) It dropped to $6.05 for just a minute, where I could have covered for a $200 profit. 2) Then it stabilized at 6.10-6.12 for 2 minutes where I could still have made about $150. 3) Later it came back down to $6.09-6.10 area for another two minutes giving me the same chance. And of course I covered on its way back up. Got to be ready and be out, locking in profits.
Good entry, with HOD as my cover. When it could not break down $7.95 in the morning and spiked to $8.15 I got freaked out and covered. It turns out that I was correct and dropped to $7.60 3 hours later. Need more patience with shorts and it is a lot slower process than longs. Don't need to freak out and cover until my stop losses hit.
Usual morning panic with support being my cover at $4.33. Dipped a couple of times to $4.05 and when did the same on Friday and bounced it never came back to that level. So next time it got close to it, I covered for profits. Sure enough two minutes later it dropped to the $3.93 support lever and bounced from there. Left some $$ on the table. Next time will be some more patient. Very light trading day.
Brought 200 shares of AKER @ 2.6003 in the dip thinking it could spike up. When it didn't I cut losses quickly. Was a bit of a silly trade, I was wanting to get in on the action because I played it too safe and didn't buy the premarket spike. Overall a disappointing trade.