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Was in between jobs and i got an alert that Tim had bought so i took a quick peek and watched it for a few minutes and seen it at a reasonable price so i bought it and in 7 minutes i sold it for a $0.45 a share gain. I was going to hold till $10.00 but i had to get back too work, it hit $10.10 a little after my sale. But i was still pleased to make $20.00 in 7 minutes; most people have to work almost 3 hours to make that kind of money!
This one was all over the place but I chose a good entry. There was a large volume so when this thing began to move it didn't waste time. I could have loaded up on this one and need to in the future. I want to average up and become conditioned to taking larger positions as I get more comfortable. These are the plays that will make me the $300-$500 a trade.
I played this again today as it tanked from .80 to .68. I got my fill at .71 and just didn't wait. If it is not doing what i want I am getting out. Even if it goes up later I wouldn't know that so I'm just protecting myself from the one time it could ruin me. And trust me I have been ruined many times on this journey and it is a very unpleasant feeling.
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