It looked like this was gonna make another run, so decided to give it a chance. Was looking for a target of 2.20 for a small 10%+ gainer, but after reaching 2.03 it fell back below 2.00 down to 1.93 and back up to 1.97. Was having way too much trouble and after falling back down and even breaking 1.93 I felt it was time to exit for a small loss. Sure hate to take the loss, but it happens I guess. Maybe next time
I really wasn't expecting to do much with this trade. This was my first major panic play and just wanted to get a taste of it. I was out of day trades on my larger account as well, so had to settle for a very small position. Regardless, even though I got scared and got out pretty quick. This actually played to exactly how I had been suspecting after looking at many other examples. Good experience
Really disappointed with myself on this trade. I did exactly what Sykes tells us not to do. I followed one of his alerts. The previous multiday runner comment drew me right on in. I didn't do my DD and after purchasing realized there was no news. Fortunately it didn't cost me a loss, but still, lesson learned!
Slow steady climb all day from a low of .0075 to .0099. Closed at .0091. I felt there may be a short squeeze in the making, so decided to buy and hold for Monday morning. As expected, gap up to .01560 right at open before falling back to .0095, but held above previous close. Steady climb with several spikes. Tried to exit with $700 profit, but no luck with orders. Ended up settling for around a $400 profit