Entry Comments: Chased AGAIN!!!! Looking for breakout on big volume and bid stacking. Exit Comments: Again, the breakout tripped up and sellers jumped on this. I cut bait before anything bad happened. Lesson to Learn: NO, NO, NO!!! Do not chase strength!!! YOU HAVE TO BUY DIPS ON STRONG STOCKS!!!!! You know this in your head but you repeatedly screw this up! BUY DIPS, BUY DIPS, BUY DIPS!!!!!!!
Entry Comments: Chased this low float former runner looking to break out over triple top. Exit Comments: Recognized my entry was terrible (it was a chase) and the stock began tripping up so I cut bait as this stock has the ability to crash at a moments notice. Lesson to Learn: Stop chasing and looking for breakouts. BUY DIPS, BUY DIPS, BUY DIPS!!!!!
Entry Comments: Bought dip of FGD with decent volume on news catalyst. LTC wasn't great with no signs of supernova in last 3 years. Looked for small bounce in to upper 7's. Exit Comments: Stock wasn't bouncing like I wanted so I cut bait. Lesson to Learn: LTC did not show good spikability. The dip buy was good, but the stock didn't have the ability to really move. Focus on dip buying stocks that have good spikability.
Entry Comments: Got in on what looked like strong support in low 7's of recent low float supernova. Held overnight looking for a PR or other catalyst to bump the stock up and have a strong FGD. Exit Comments: No PR or news, but fantastic morning spike that I slowly sold in to. Lesson to Learn. Buying at key support of strong runners is a great way to build your account. Amazing trade here.
Entry Comments: Got in on morning dip of ultra low float runner trading MASSIVE volume with a news catalyst. I looked for a squeeze above 4 with the crazy float rotation. Exit Comments: The stock squeezed but the top happened so fast it was impossible to hit. Gave the stock time to play out and possibly squeeze again, but it failed. So I cut it for a small gain. Lesson to Learn: Perhaps there is still hope that low float runners can spike. I would like to see this type of trade come back.
Entry Comments: FGD with MASSIVE volume on low float and news catalyst. Got in on consolidation at pre-market highs looking for the big volume to cause a squeeze. Exit Comments: Price action started to struggle so I cut bait before the potential crash, which it did seconds after I got out. Lesson to Learn: Massive volume days with news catalysts are not working right now. Shorts are controlling these stocks at the moment but it may change in the future.
Entry Comments: Got in on FGD afternoon break above morning highs with news catalyst and record volume. Waited for consolidation, bought in and looked for the break higher. Exit Comments: Got stuffed and dropped below my risk line. Stock ended up failing in to the close. Lesson to learn: Who knows at this point. Its bizarro world out there.
Entry Comments: Got in on morning spike consolidation as big orders were going through. Asks were getting eaten up. Exit Comments: Gave it a moment to make a turn higher but bids evaporated and sell orders come in. I got spooked thinking the stock could turn against me, so I cut bait. Lesson to Learn: Trading scared saves your ass. The stock may have gone up from my buy, but it came crashing down fast and you would have taken much larger losses trying to sell in that panic.
Entry Comments: Bought morning dip on positive Phase 2 news. Entry was about as best I could get while maintaining low risk. Exit Comments: Stock got stuffed at $2 with a big red candle. Fearing a downtrend, I cut bait just below my buy in as I felt going down to my risk would be a waste of money. Lesson to Learn: The trade didn't work and that's okay. You guy losses quickly and that's the big thing.
Entry Comments: Stock made a technical breakout in early afternoon that I missed, so I bought in on the long consolidation looking for the afternoon break. Exit Comments: The stock broke higher and started trending well, but later stalled so I tried exiting at .62 but only got partially filled. Panic sold the rest to keep some profits. Lesson to Learn: Overall well played. You recognized support and resistance but the stock just didn't have the volume to push it higher. A win is a win.