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Lyoness
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Lyoness Sep 03, 11:42 AM

That's a big problem I have too, is knowing when to stop out early, and when to hold on to my stop. I feel the same way, for as many times as I've stubbornly held, *knowing* it was going to stop out for a bigger loss, I've had instances where I've been scared out, only for it to turn around and make a great play.

haafamillion
haafamillion Sep 03, 1:01 PM

@Lyoness It's a balancing act. For me, I'd rather stop out than miss out but doing both is a b-word. I think the most important things are identifying key levels and sticking to them. Then, of course, listening to what the chart is saying - not out of concern, but out of a desire to play the price action the best way possible.

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Lyoness
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Lyoness Sep 01, 10:54 PM

Really nice analysis here. I have only ever held one trade overnight, and it didn't go the way I wanted, and while I could trade premarket, the liquidity was so low and the spread so large that it was just terrible. I feel your pain! I noticed yesterday that TTOO had gapped up after hours and I thought it had a chance to run too. I guess there was too much overhead resistance.

haafamillion
haafamillion Sep 02, 12:06 AM

@Lyoness totally. lotta downward pressure. i guess all those jerks who held from 2.20 wanted out early. thanks for all the comments! c:

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Lyoness
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Lyoness Aug 29, 5:23 PM

I don't understand your full strategy, but I agree, it's frustrating to realize that while you're preoccupied with one stock, others are moving without you. I've been unable to crack otc's, but I wish you best of luck! PRTY wasn't on my radar, even for a breakout there, because it had resistance around 3.33 as I read the daily chart. Then again, I also have not cracked any long strategy at all, so I don't have much to add there.

haafamillion
1
haafamillion Aug 29, 5:29 PM

@Lyoness basically, my thesis was that if it broke the 10 day high, it would have room to 3 and 3.30. If it broke there, it has the gap fill. It's not dead by any means - and stranger things have happened. It just didn't have the volume it needs to really push. Still watching.

simonfuture2
simonfuture2 Aug 29, 8:06 PM

haha i didnt even see your post before i posted mine on PRTY,, cool to see we were thinking the similiar idea!!! get to that bag!!!

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