TGGI had the continued drop from yesterday I was looking for, however I failed to capitalize on it. While I watched, and learned I will look to minimize my fear of entry of these types of plays in the future. CYBL had a nice intraday panic, and I would have dip bought had I not been away from the screen midday today. I would have been shook out, because I know myself, and there is no way I would have held that long through those dips. ILUS.....This one keeps getting the better of me. I watched
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If $ALYI decides to breakout over yesterday's high of 0.0731 I might think about catching a dip if its big enough after the spike. But main focus will be on waiting for panics on the stocks I listed above.
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@JoeyrWilliams They have been, as long as we have a plan going into them. Both an entry and an exit plan. Yesterday I bought and sold VPER during power hour. I took a slight loss, more with OTC fees. I thought about holding it overnight. Looked at the chart from this morning and probably should have. I could have absorbed the dip and then watched it rise to new highs.
@StefanSchwarz13 That's my main goal now, stick to the plan. Wait for the level 2 action to give me the sign, and make sure to pull the trigger! I've seen way too many perfect dip buys now to pass up any more without getting in.
@JoeyrWilliams I so agree with you. The PDT rule sucks though as it limits the amount of dip buy plays that you can choose and are always looking for the best one. I seem to pick the worst ones lately, or the times that aren't running or haven't taken the steep enough dips. I'll learn, one day!!
They also seem to be bouncing faster lately. I have noticed I am often looking for just a little more panic, and then the level 2 action firms up super quick, and bounces too quickly to get in. Might need to adjust my expectations on these dips if it keeps happening. But, I will remain patient for the best ones. INKW gave back a lot its gains , but ILUS held up well, definitely one of the main ones I will be watching this morning.
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Also, ILUS, would be nice to see a morning panic to grab 10,000 shares into risking the low of that dip.
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Nothing making me jump to get in. Won't force anything if I don't see it.
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I will put a watchlist out in the afternoon for possible overnight plays if I see any good potential.
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