Being Disciplined Pays Off!! Be willing to Cut and Attack latter! Thanks Roland!
Idea was to see a morning spike. Got that and Plan was to short into a lower high. At 4.18 looked like a stuff on level 2. Entry 8,000 shares 4.15. Risk HOD 4.20. Immediate fading very stress free. Started locking in gains on the big red candles on the way down to take away some of the emotions. It was easy to sit through the bounce after realizing some gains. Thought about adding into the bounce but decided to just be patient with the shares that he had. Covered some more into g/r 3.50 level. E
xit the rest in the 3.20s avg 3.41 covers $5900 gain. Started looking for a bounce in the 3s. Got down to 3.13 Entered long 5,000 shares 3.22. Exit 3.32 almost $500. Indicators for shorting frontside: no catalyst, a lot of chat room pumping, 3rd green day, running last week and a half, gap up and spike.
Thanks Roland!
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Thanks Roland
Pay Close Attention to Hot Sectors and look for Sympathy Plays!! Thanks Rolland!
good first time trade short and long on the same stock in a day.
Thanks Roland!
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Don't Chase!! Pay attention to the indicators volume/chart/ price action/level 2 Thanks Roland!
2.60 to 1.60 $1 crack nice big panic for the dip buy. Missed the first dip watching other stocks. Saw it in the 1.90s idea was it breaks the low. Mental idea was the 1.50 area. Indicators for Entry: chart, level 2, volume. Entry 15,000 shares 1.63 avg. After entry it was just being patient, in his head looking at the 2.15 level. 10-15 mins later it got to that level and saw some topping Exit 2.13 avg $7500 gain in just about 10 mins. Cant hold and hope on these.
Thanks Rold
Thanks Roland!
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Watched
THX TIM
DO NOT CHASE ALERTS!!! Thanks Tim G!
Guru alerted spiking the stock up giving you the opportunity to short into after a big crack. A little eager Entry 30,000 shares at 0.70. Risk HOD. Added in the consolidation as it looked heavy. Got up to 40,000 shares 0.72 avg. Moved risk down to 0.74 area after sell alert. Added 10,000 into weakness 0.65. Exit started covering 0.62 ended with 0.60 avg. Took advantage of ppl chasing picks.
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thx tim
Find the Trade size that works for You so you can Think Clearly! Thanks Tim G!
Previous day broke high of day. Coming into the friday PR is out shorts might be in trouble but then Entry 40,000 shares 3.18 when you saw big bids but no strength or follow through right near the market open. Risk previous days high 3.30. Cut small loss on bounce on air. Reshort 10,000 shares 2.90 held overnight. Next day big gap down no signs of strength. Day 3 weird gap up went g/r kept testing and holding 2.20 when it cracks 2.18 immediately bought up to 2.27. Exit 3/5s 2.24-2.25. Cut more
in the 2.30s. Covered rest 2.36. Avg cover 2.30. Amazing patience. Dont let early losses discourage you.
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Thanks Tim
Patience Pays! Thanks Tim G!
Shorting front side of the move I will be more cautious and pay myself. On the backside of the move I will go larger size and be more patient.
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@tbohen Tim is kabam,com still yours ?
Thanks Tim G.
Thanks Tim
Don’t chase Let the trade come to you! Thanks Tim G!
Down chart, when theres people chasing there will be people shorting into them. Easy hold when people are underwater throughout the entire day. Look out for these a couple every month.
why CO over 14.25 and not 14.17 or 14.5 ?
$14.17 woud be the break out, but $14.25 gives it some time to prove it is moving. You can take it at $14.17 if you like.
im not trading it... just asking for info ... thanks a lot
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