Huge mistake getting into this one, basically bought blindly testing a new theory buying a/h based on a news release. If i had looked closer at the vol and waited long into a/h like i normally do then i probably wouldnt have touched it. Lesson learned though. Stick to the system that is working. And when testing, use a paper account haha.
Bought this one based on news and held o/n and what looked to be a possible b/o ready pattern on the yearly chart. L2 started acting funny around the open though and i wasnt comfortable staying in. Took a small loss at the open but the stock did eventually recover in the afternoon.
Bought this one late in a/h after watching it carry momentum upwards based on news, even though the news couldve been interpreted as bad it was still going up so i held o/n with a plan to get out at 1.7 which was the a/h high and to get out at 1.5 if it dropped p/m. Saw the struggle at 1.7 where i expected so took small gains and bounced out.
Bought thinking the break out would happen at market open. Bad entry price but couldnt get filled earlier. Saw the gap down right before open and knew it would go red so tried to get out but couldnt. Dropped too far too fast so took a sizeable hit to the account. Will be staying away from otc o/n plays for awhile unless the set up is perfect.
Was expecting this one to continue further up as it was up a/h the day before and p/m the next day. Was wrong and tried to get out at 6.23. Was informed by etrade of a "ticker trading pilot program" which only allows .05 increment executions. By the time I got through that price was down so took a small loss. Had no idea of this program or warning before hand. Lesson learned. Stock continued down for the day too btw.
Bought in the uptrend going into market close thinking it was reversing from the prev days negative news in the pot market. Basing decisions off prev trends if it gapped down at all I was getting out because that usually meant it would go red on the day, which it did. Small loss that I'm comfortable with.
Took a position due to expecting a continuation of prev trend of gapping up roughly .30 the next day. Didnt follow the plan and sold too soon because of lack of conviction in my theory. Stock cont to move up to the 2.30's where it topped out till market close where it hit the .40's briefly.