#1 on my watchlist today, and it played out perfectly to my plan, the entry was 2.50 with an exit of 3.05... The problem, HUGE swipes on the way up, took out my stop, so I couldnt see it thru. better safe than sorry but this was a no stress, clean move.
Entry: Set a buy order above a range, filled when the stock hit the price. Exit: Another breakout fakeout. Stock went down shortly after entry. Set a stop loss and exited when it was hit. Should have cut my losses earlier.
Entry: Had a buy set above a minor resistance level, got filled when the stock hit that price. Exit: Immediately after getting filled the stock went down. Breakout fakeout. Hit my stop loss and exited. Should have set the stop loss higher and cut it earlier.
Bought this big % gainer on a dip but got in too soon as turn up was a fake out. Tried to get out at $3 on the bounce but not quick enough, and then didn't think it would get back there so just got out. Did get back a couple times, but so quick hard to play.
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