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.
Entry comments: Bought on good earnings wanted to sell 0.45
Exit comments: Not a liquid stock sold on the bid
Bought MICT at 1.23 on a dip on a little delayed morning spike. Risk is 1.16. MICT had positive news of record backorders of 11.5m and it had a nice spike in reaction. Im buying on the first dip off the spike for continuation. Sold MICT to cut losses. It gave a lousy attempt to bounce but ultimately failed. Mainly from no volume. Bigger loss than I wanted but its bc my position size was too big. On to the next one!
In and out! this one bounced only a sliver after it's morning crash, I tried to execute my sell at .47 but my RBC account locked up so I had to log out and back in, by this time it dipped to .442 where I did get executed finally!
Timing was right this time. Shorted 50 shares at 79.50 and another 50 at 79.90 when stock wasn't breaking 18 and in 90s on Stochastic. Stock came down very nicely. I covered 50 shares at 77, and tried to wait for crack of 76 for other 50, but it started to base, so I covered other 50 shares at 76.35. Very happy with this trade!
Tried getting 500 shares at 2.32 but only executed 273 so I cancelled the remaining and sold at the next peak taking profits over 9 mins. No complaints here!
Entry comments: As expected in my watchlist, this one is rolling over and I couldn't find shares to short so I go back to my favorite dip buying pattern http://tim.ly/sykesmorning but with a small position because we didn't get the big panic I wanted, but my goal is to make 20-40 cents/share of upside on the bounce here
Exit comments: Weak bounce, no thanks, not a total surprise though because the panic was so weak, still worth a shot given how solid the http://tim.ly/dipbuysykes pattern is, will do video lesson on this and the Bitcoin plays later today too
Entry: Decided to get back in on this as 2.50 has held great support in the past and seems to be holding now. Hoping to get at least somewhat of bounce to test this mornings high of 3.35....... Exit: This stock is craaaazzzyyyy... Just keeps dropping on good news! Dropped under 2.50 so I'm out at 2.48 for a small loss. Good thing cause it dropped all the way down to 1.90. A good lesson to ALWAYS respect the market!
Entry: Up 0.90 pre market after news of merger with 80yr old reputable company. Morning spike didn't hold, lots of support at 2.63, hoping to dip buy and sell a 2.95 near $3 resistance. Exit: Went up to test 2.70 then dropped quick under 2.63. Cutting losses quickly. Should have been more patient to see if 2.63 was gonna hold. Still feel that I'm getting better on my entry and getting out quickly if it drops under support at all!!
$PBYI is a higher priced stock in the high 70s. I saw it last night on 52 wk high scan, but took note on 1 year daily chart that in the past 6 days it was up 142% and appeared to be way over extended. Chart showed it was a very volatile stock, so took initial very small 30 share position, then shorted 20 more at the same price. I had set my risk at $100, so exited at 78.95. Lesson here was wait to trade very volatile stocks like this until after 9:45 or 10 when it settles a bit.
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.
Content - Rated 90 days
- 13 Hot Stocks To Watch Like $IDXG And $BITCF
- 10 Hot Stocks To Watch Like $SPWH And $DYN
- Challenge Webinar 3-22 [On Demand] $FNBC $ESSI
- Challenge Webinar 3-31 [On Demand] $HTGM $AKTX
- #286-288: How To Reclaim Your Edge After A Subpar Week & Nailing $AUPH $VRAY
- Challenge Webinar 4-25 [On Demand] $CYTR $ZPAS
- #282-284:Importance Of Reviewing Trades $CNBX $PPHM $MYOS $HTGM
- 21 Stocks To Watch Tomorrow Like $INNL And $CERU
- Challenge Webinar 3-8 [On Demand] $AUPH $PRKR
- Challenge Webinar 3-29 [On Demand] $DFFN $VRAY