Paper Trade using Marketwatch.com/vse
Entry - Missed the first rebound, spotted the 2nd rebound happening around 10:30AM. Looking to exit close to $3.25 making about 40 cents a share.
12/20/17 10:32a NXTD 2924 shares @ $2.86
Exit - Saw the price stopped and seem to be stuck around 3.05 area. Didn't feel comfortable and had some doubt, so I sold it.
12/20/17 10:44a NXTD 2924 shares @ $3.04
10:27ish Lowest Low @ 2.76.
10:44ish Highest High # 3.09
I was not prepared in the Entry. Found the stock ticker in the chat room, noticed it is a break out. Did not do any research. Saw the early short selling action and the rebound at $2.50 to the $3.25 price at around 10:15AM. I noticed the 2nd rebound forming on etrade chart, i waited waited and price keep going up. Finally pulled the trigger at 2.86, and got out when i felt the top was forming at $3.04.
Not sure what the price is like, and neither do I care.
Very proud of myself noticing the bottom and the top forming. Executed the exit perfectly, but the entry could have done better.
Not proud of myself for not researching before entering the trade.... plus I didn't have a mental stop limit either.... Note to self: DON'T BREAK THE RULES! RESEARCH BEFORE ENTERING THE TRADE!
Just watched the chart again, at 10:53AM, it hit $3.23. Patience might have gotten me a better exit price.
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