Biggest error here was I fell asleep being over tired and ran my stop. I was using short squeeze scanner and applied it to this ticker, however never squeezed. Other issue is that I was over trading and jumping to tickers not on my watch list.
1899TH TRADE. 2 OF MY WORST TRADES OF THE YEAR. LET THE S/L GO WAY TO FAR ON THE FIRST TRADE AND LET IT DROP EVEN FURTHER THE SECOND TIME IN. MONEY TO BE MADE ON THIS CHART AND I LOST 500 INSTEAD
Dip buy
oversized revemge
Same stock, same lesson. This one hurt a little more. Rather than anticipate breakout, find a stock moving up and buy into a small pullback.
Stock climbing in premarket, high volume, broke premarket high , got me in, then down we go. Took a paper cut.
In too early. 8:20 was the spike from 1.90 - 3.20. Cut losses well.
Failed High of Day Breakout on RMSG: Breakout Fakeout.
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