Entry comments: Creeping up scanner back above $9 Not a high volume stock but chasing a little here. Will close before EOD. Dropped to $8 area before I got out so holding for a swing. Not smart should have cut sooner as last 2 days had upper wicks and were DOJI so stock undecided after earning run up mid May.
Exit comments: Finally got run expected. Ran thru my sell to $9.28 last I saw but glad to be out and finsished near high of day. New recent high but too slow and I don't want to be the bag holder.
FGD, Swing, Etrade acct
Overextension. 0.22R. Massive day 1. This was setting up for a secondary legu up but it could not break the $4’s convincengly, trapping longs. I shorted, risking hod and covered into the $3 area. Single.
Stock QUCY only trades. This fits my second pattern (multi day breakout) I over traded it and left so much money on the table but still it helps to survive me small account.
That one hurt the confidence a little bit. But, this is all about paying off my IGNORANCE DEBT first. It's not about winning in the beginning. It's about learning and refining the process.
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