-$120 loss PRPL Long Stock

Entry comments: I dip bought this new earning winner that was just trading i the mid 9s and came down quickly on a low volume setup since the mid 9s are also a multi-month resistance...goal is to sell in the low to mid 9s as this has run in the past for multiple days, support in the 8.70s if I'm wrong

Exit comments: No bounce so rule #1 is cut losses quickly, still green on the day thanks to earlier gains...don't let small mistakes turn into potential disasters by being stubborn, small losses are part of the game!

Received 8 Karmas
Crooknut Nov 06, 19 9:10 AM

Got it cut loses asap.

RBGnL67 Nov 06, 19 9:19 AM

And that is called being Disciple people! If the trade doesn't go 2 plan; U get out!

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$285 profit PRPL Long Stock

Entry comments: Partial execution on this earnings winner off a big dip likely caused by the overall market, goal is to make 5-10% on the bounce, nothing huge, partial position, cut losses if it goes back to morning lows

Exit comments: Sold into nice bounce, along with overall market bounce, nothing huge at all given my puny position size, but good to dip buy earnings winners in this market, didn't catch the bottom exactly, but there were signs of bottoming and the morning high of 11 told me that this could bounce/spike, so now I'm taking the single and collecting a few hundred bucks in profits

Received 5 Karmas
MaiTai Aug 14, 19 11:33 PM

Thank you.

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