$MRMD - OTC breakout on the daily. Bought on a dip when the stock got past the daily breakout level of $.5755. I was early on the trade but stayed patient by setting a good risk and watching the b/o level hold strong. Strong close with a gap up the next day. I didn't do that well of a job selling in the morning. I tried to be patient selling in the morning cuz I figured it could keep running. I should have recognized the amount of selling at the open and watched as it dropped. I sold half into the first pull back and sold the rest into the immediate bounce.

$DGLY - Listed stock running on riot news at the Capitol building. Former runner that I felt comfortable playing but the only reason this was running was due to riots and no actual PR. Recent history of one day spikes that just lose all its gains the next day. I got long and had multiple chances to get out but didn't stick to my risk. Sold near the bottom A/Hs but thankfully got out before the offering was announced. This is something I have struggled recently with. I keep buying stocks last minute that I did not take the time during the day to review and determine a proper plan.

 

$ALYI - OTC breakout on the daily with multiple green days. I bought into the close as the stock was holding its gains on the day and above VWAP. Even though the stock was up four green days, it held sideways into the close and was making higher lows. I bought as it was consolidating around $.0335 and within minutes it popped up into the close to new highs. Felt confident the next day it would hold up and P/M the next day was gapping up to $.038. At the open it just sells off and I again did not recognize the selling pressure and kept waiting to see if the previous day high would hold it up. Looking back, the stock was up four green days (nearly 300%) and should not have tried to squeeze out any more after the gap up. Panic sold into the drop but glad I did cuz the stock dropped even more and hasn't recovered.

 

Goals for 2021:

1. Stick to learning OTC stocks because the are very hot right now and I feel confident trading them the more I watch. The are volatile but also not choppy like listed stocks that usually shake me out.

2. Cut losses quicker and stick to my $20 loss.