We are a community of 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.
Wanted to get in for the afternoon short squeeze, i think the idea was good, but the execution could be better, i could have waited for a better entry, closer to the support that would have given me a better risk/reward, being a lot more safe. Anyways i waited until it tested resistance at HOD leves, when it couldnt brake it i took profits. First green trade for me, but i still have a lot to learn
ENTRY: was on my watchlist from night before after seeing it on a seeking alpha article for earnings. saw massive buying volume, didn't want to chase it in the 3s then saw it hit 4s, hesitated to buy at 4.10 saw it go to 5 and assumed a pull back to at least 4.50 and I got in EXIT: 7 minutes later had to get out wish i could've held but had a mandator muster at 0700 so I couldnt keep. although youre suppose to buy friday with the intention to sell monday.