timothysykes

-$945 loss WORX Long Stock

Entry comments: 2:18PMPattern Pro timothysykes [Trade] Bought 4500 shares $WORX at 2.06 - Dip buying this big runner today way off its highs in the 2.80s as shorts have pummeled it and now lots of shorts I think are trapped if it decides to run again...support at $2/share, all I want is a 5-15% bounce, cut losses if it can't bounce

Exit comments: Cleaning up this position I held far too long, I'm definitely over-trading so I need to be more disciplined, into timeout I go to wait for better setups

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timothysykes

-$540 loss WORX Long Stock

Entry comments: Dip buying this big runner today way off its highs in the 2.80s as shorts have pummeled it and now lots of shorts I think are trapped if it decides to run again...support at $2/share, all I want is a 5-15% bounce, cut losses if it can't bounce

Exit comments: No bounce so gotta cut when support fails, small losses are fine, can't get stubborn ans risk anything bigger, especially on speculative plays like this

Received 1 Karma
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timothysykes

-$142 loss WORX Long Stock

Entry comments: Deep dip buy on this runner that was just in the .40s, looking for 5-10% bounce, cut losses if no bounce as this is a scary short squeeze play

Exit comments: No bounce and quick drop, worth a shot but rule #1 cut losses quickly on speculative plays like this

Received 2 Karmas
User_1610
User_1610 Sep 18, 23 10:14 AM

Watching And Analyzing!

tupuad
tupuad Sep 18, 23 10:29 AM

Thanks Tim.

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timothysykes

-$44 loss WORX Long Stock

Entry comments: Dip buying this big runner on news of https://tim.ly/3odFk9d as it looks to have found a base in the low .80s, goal is to sell into a bounce in the .90s, not sure if I'll hold overnight

Exit comments: Going nowhere fast s I'm just exiting safely with a small loss...shoulda woulda coulda focused on crypto plays that are coming back nicely today, good lesson for me

Received 3 Karmas
mitnick2
mitnick2 Jul 19, 22 3:45 PM

Wow incredible control of your losses Tim.

User_1610
User_1610 Jul 20, 22 9:41 AM

Watching And Analyzing!

Windwalzer
Windwalzer Jul 20, 22 8:34 PM

I can see why you have to be so diligent at the end of the day just like the beginning. Thank you.

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MWright88

**PAPER TRADE** Purchased 7-Day Trail to STT. On Day 1, learning all the features before I start trading. Went to the achieves (like Tim Bohen says) to get scanners and to remind me of certain strategies (dip n rip, morning panic, VWAP hold). Run it over and over again to where it becomes 2nd nature. Also, my first time documenting/journaling my trades to get use to having a trading journal. I'm fully committing to the process. Thank you for joining me on my journey to become a GREAT DAY TRADER!!!!! $WORX Entry @: 2.08 Exit@: 2.05 Shares: 100 Looking for a late VWAP Hold. Saw a support level @ 2.03. Figure it would consolidate and breakout for the remainder of the day. Broke to 2.16 then went down. Did not make money on move but cut losses quickly to analyze my play. See if my timing was off, or that it didn't hold the weight I thought it would.

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dmatin

@PaulDelgado I saw your $WORX trade today and I have to ask about that entry. How did you have conviction to buy off the lows like that? I feel like a lot of these super gappers tend to just bust below p/m support and fade all day. Do you have any key criteria you look for on these day 1's? Thanks!

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