Shorted SMRT on late afternoon fade. Should have shorted at 1.35 ish as stock showed signs of fading on the chart. Need to be bolder. Stock up on news of installing Amazon lockers in its stores for customers to pick up amazon products.
Entry: Second green day after a solid green day, hold green, good r/w level, aim to b/o at morning high 3.14 Exit: Failed to breakout, it can drop very quickly, just get out and play it safe
Lesson #1 today. I was swing trading this trade expecting a gap up when the market opened. Gap down instead, as I hesitated the price started moving back up then the dive. LESSON #1 LEARNED TODAY.
Late on entry but I had a good exit. Caught myself chasing this, should have just walked away but still made a little profit.
Thought this chart was still bullish, but it quickly reversed shortly after I bought. At least I was able to recognize the weakening trend and sold right before a massive crack I sensed coming. Bad entry but great exit I'd say.
Again bought this one AFTER the morning spikes, right at the top. Fortunately took a tiny position for this very reason, need to learn these entries before using any real size. Won't lose any sleep over this tiny loss.
