JohnathonG

[TimChallenge] Would have been a great dip buy @ 0.67$ish @ support right before power hour. Sadly didn't pull the trigger.

JohnathonG

[TimChallenge] OWCP hit 0.95 today, up from your 0.25 buy/level last week. 6 big green days in a row. Would you be looking to short at this level, or would you wait to see if it breaks through 1$ EOD before looking to short possible first red day tomorrow? How do you differentiate a failed bounce vs sideways consolidation?

JohnathonG

[TimChallenge] Bought $MYOS dip @ 5.10... sold @ 5.37 for a tiny profit. Watching it run past 7 after getting out (doh)

JohnathonG

[TimChallenge] Have had a small position in $BIOS all day (since 1.61) looking for that break, but just sold for 7c profit because I couldn't stand the lack of movement. Lol

TheMellowTrader

[TimChallenge] I'm red today too bought fakeout b/o on $BIOC but have to respect rule #1. Had I held I would be up with decent profits now.. there's always more plays tomorrow

JohnathonG

[TimChallenge] I was actually in the red today. 3 trades EOD on $CUR. First was green with a dip buy @ 4.50 and sold into spike, then red when I bought the fake-out b/o @ 4.95, then red when I shorted the "bounce" after the fake-out 5$ panic @ 4.70. So pissed. So many good opportunities on this stock alone.

JohnathonG

[TimChallenge] Shorted $OREX into that little bounce @ 3.56 after it tested 3.50. Missed my initial entry when it broke LOD @ 3.65. Covered too soon as I don't believe it'll get back over 3.50, and first red day, but you never know so played it safe and hit that single.

JohnathonG

[TimChallenge] Shorted $OREX @ 3.76 into that blow off top. A bit intimidating, but working on shorting into over-extended pops. Covered for a tiny gain into that quick pullback, wish I could have held out for more, but taking singles while getting used to the pattern

JohnathonG

[TimChallenge] $BAS would have been a great dip buy at half-dollar support earlier. Been making higher lows/higher highs ever since. Congrats to anyone that pulled the trigger.

JohnathonG

[TimChallenge] Perfect ascending triangle/flat-top breakout/HOD test b/o on $URRE. Bought too small of a position and sold too soon, but have been burned by this setup/fake out in the past. Aim for singles. Tiny profit, but confidence booster. Currently setting up first 5min pullback. Good watch if nothing else.

JohnathonG

[TimChallenge] Been stalking NVCN for the last hour waiting for a crack. Glad to know I'm on the right track.

Received 1 Karma
JohnathonG

[TimChallenge] Covered $TXMD short way too early a bit ago. Shorted as it broke below 7 for the second time @ 10:14AM (after double-topping around 7.20) and held until it cracked day low of 6.80. Thought it might catch support at 6.75 so go spooked and locked in profits. Already touched 6.60 and currently hovering around LOD. Still working on my #1 problem... patience.

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