Bought 100 shares @ 8.85 after hours on earning news. All looked positive and stock price jumped, but after buying noticed a headline that stated a loss on shares. Exited p/m @ 8.81 for small loss. Dipped below my stop out, then bounced and is now doing rather well but slow mover.
IN 260@8.26 OUT 260 @ 8.49. Profit $38. Goal was to profit minimum $100. Chart started trending down. Got out for small profit. HOD 8.63. Work on trusting risk level.
Ghost prints on my platform helped my risk become even worse than it was, I did think the news would move price up, Don't trade Think....bad stradegy
Entry comments: Bought break of initial HOD. Big contract agreement.
Exit comments: Made a mistake. Price went to 10 for a profit, but thinking greedy. It drop down but I waited too long until i went too low. I was thinking the P would benefit on the contract but to Sirius. Lesson learned. Overall market went down too. Cramer slam the deal. I did not see it coming.
$P: Entry 150 shares at $9.37. Bought this at the end of the day for a swing trade strategy im working on. It gapped the next day but quickly dropped, so I exited quickly at 9.29 for a small $21 loss. The next day it was up over $10 and then back to the $9.50s. I should have been more patient with this strategy. Solid company.
Entry comments: swing trade
Exit comments: ouch
