First Winning Trade!! $CREE +1 Put Option $44 6 Sep 19 @ .99 and was out @ 1.51! (+$36) I'm using Put options to basically short stocks. I like the strategy i've created (although sure that others use the same). Practiced good patience and was calm during the trade, maybe a little too confident. Lessons Learned: Have a stop loss at a technical level to avoid shakeout. Use VWAP for shorting/entry (doesnt work for penny stocks). Also, I need to work on entry. Lastly, I must be very very meticulous with the stocks on my watchlist! (this is how i had today's play, by being more picky about the stocks fitting my indicators!)
[TimAlerts] $CREE over $22 ......:|
[TimAlerts] $CREE bounced off its lows twice today
[TimAlerts] $CREE looks like a good bounce play down 4.22 fast
[TimChallenge] Boom $CREE
[TimChallenge] Seems $CREE tank starts 4:25
[TimAlerts] $CREE halt pending news
[TimAlerts] $CREE trying to break $26 whole dollar resistance
[TimAlerts] $CREE round 2
[TimAlerts] out $CREE +180
[TimAlerts] $CREE
[TimAlerts] $CREE reason for spike? Short squeeze? PM me please
[TimAlerts] $CREE spiking..
[TimAlerts] $CREE bounce off support on, post deep selloff
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