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Here is what is currently happening.
EV Play, holding highs with a lot of chop. Descending triangle closing in on VWAP. Thought this could run in PH so I watched and waited for volume to come in and pinch for a quick squeeze. Volume came in so I bought, got a quick squeeze, and took profits quickly.
PM Speculative Sykes alert chase. Failed to spike so I cut a rug
Got caught chasing another alert and once again it did not turn out good for me. Gotta do a lot more studying and less trading and also lower my position size while im still learning.
Didnt follow rule number one thought it was a chance stock would come back around another huge discouraging lesson. Im still in the game but barely very close to blowing up my account
traded it poorly . risk was too high (10% ) got the meat of the move but stock dropped over 50% Not happy with this trade will do better next time
