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I held this position until the very last minute of the open market (3:59 pm, ET). I think what upsets me most about this trade is that the price maxed out at $1.44 after entry (target was $1.45). I truly did not see that coming. I violated some of my indicators when I took this trade, so I know where I went wrong. This loss is disappointing after a remarkable winning streak, but the lessons learned are valuable. I'm still GREEN on the week as far as profits are concerned. #MovingOn
Very dumb trade. I shouldn't have taken it. Had a huge volume spike for no reason. I thought I could catch and ride the spike wave but it didn't do anything. Lesson learned: don't just enter a trade, just to trade. Def won't be doing that again. Im learning and getting better though.
Up on the day on positive news. It double bottomed on the intraday at .88. It was holding vwap into power hour, so I thought it would hold and and grind back up to at least test high of day and maybe even break out. But it didn't so I sold as it broke below vwap. Not a good sign if it's below vwap into the close.
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