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Got lucky. This is not how we trade. Big size. loss trade. then recover due to adding on a bottom, lost all other opportunities to baby sit this one. Mistake, did not cut at 3.90 as I wrote on my plan, ideally re-enter on that bottom where I added for an even trade. Repeat this could invite disaster do not trade like this.. overall market healthy lots of gainers.@Timothysykes also all day in front of the screen.no gym no haircut. Did not get greedy..
Longed the big crack from the 18's down to the 12's, got in before the down halt at 12.65, speculative half size to begin with on something this volatile. Not my usual setup so being a bit safe. Held 12 nicely through 2 halts so added to full size avg 12.48. Sold 1/4 at 12.93 and another 1/4 13.44. Sold another 1/4 13.28 bounce seemed to be getting weak, not wanting to be too greedy. Stopped out on remainder at entry
Entry comments: Weekend trader alert, up off of its lows already on news of short selling investigation, which seems to be the hot market lately. HOlding over the weekend to see if this play has legs. I know eventually this type of news is going to fade, but getting it while its hot.
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Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.