Trade Better by Staying Informed*
Profit.ly lets you learn from proven experts. With lists of trades like this, you can share your activity with an engaged community.
Join us today and get what you need for trading success.
Left a lot of money on the table on this one. 1) It dropped to $6.05 for just a minute, where I could have covered for a $200 profit. 2) Then it stabilized at 6.10-6.12 for 2 minutes where I could still have made about $150. 3) Later it came back down to $6.09-6.10 area for another two minutes giving me the same chance. And of course I covered on its way back up. Got to be ready and be out, locking in profits.
Good entry, with HOD as my cover. When it could not break down $7.95 in the morning and spiked to $8.15 I got freaked out and covered. It turns out that I was correct and dropped to $7.60 3 hours later. Need more patience with shorts and it is a lot slower process than longs. Don't need to freak out and cover until my stop losses hit.
Usual morning panic with support being my cover at $4.33. Dipped a couple of times to $4.05 and when did the same on Friday and bounced it never came back to that level. So next time it got close to it, I covered for profits. Sure enough two minutes later it dropped to the $3.93 support lever and bounced from there. Left some $$ on the table. Next time will be some more patient. Very light trading day.
Brought 1000 shares of MNGA @ 0.286 in a dip looking for it to spike up. Instead the volume dropped off. The stock stayed around 0.285 for a while but then started dropping so I cut my losses. Got out @ 0.2821 for a $3.90 loss. Could of traded better
Brought 200 shares of AKER @ 2.6003 in the dip thinking it could spike up. When it didn't I cut losses quickly. Was a bit of a silly trade, I was wanting to get in on the action because I played it too safe and didn't buy the premarket spike. Overall a disappointing trade.
Long (PDT) stock play from watch list. Increased volume based on previous days of good news catalyst. Looked liked a morning gap up during pre market, intraday strength started to fall. Exited following Tim's RULE #1
Didn't follow the indicator or poor earnings news, and volume diminishes as the day went along, my emotion took hold of my play, realize I could have sold before the end of the day to limit the lost.
Saw this spiking and historically when it does, it has potential to go to almost a dollar. As i type this, it is at .81, so I could have made more but played it safe. Green is good. Hitting singles!
I bought O/N possibly it will spike on Monday good news open market just on support with volume. Cut my losses.
What Are You Waiting for?
These are just a few of the trades that are already happening through our system. Join Profit.ly today and reap the benefits of expert advice and a supportive community.
