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.
Another major daily breakout setup. Saw it breaking out pre-market right before the open. Bought the breakout using previous pre-market support as my risk level and anticipated a squeeze right at the open. It squeezed and I got out quick with a 10% gain. May have sold this one a little too soon, but it was already up a lot on the day and considering that it has almost quadrupled in the last couple a days, how volatile it was intraday and the high spread, I am glad that I played this one safe.
Saw it go up 70 cents in the morning then go back down so I bought it at around what it was at market open, barely broke $4.00 once when I had it, still have no real idea how long I should hold a stock like this but all I know is that at the time of typing this is past $4 and when I held it I was in the red more than green
I did not get a gain out of this play but to have chosen this play compared to other tickers, feels great! I believe it wasn't much of a choppy play and it made it easier for me to get out once I seen it was not going to give me the bounce that I was looking for. The gain here is definitely my execution as I was able to get in and get out when I wanted to. I cut losses as soon as I didn't get the bounce. Great play!
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.