Unnecessarily lost money on this because i didnt have patience. Should have got in on it a bit earlier around the 7-7.10 area it was a positive move upward. It was form good pull backs but i lost my patience and took a $14 loss and plus commissions. Its a bad trade, bad entry and was not patient i could have got out at 7.60 if i waiting 3min more.
Trying new strategy's, used Kunal Desai's quick pull back buy. Had a perfect entry but the markets were red and that was my mistake to not check on SPY and see momentum as 3 out of 4 stocks follow the market. I made money on the trade as you can see i only had 100 shares and commissions took away my profit which was not that big anyways, like$7.Wanted to try something and it worked. This was a trade to see if the strategy works and it does. I had my profit stop at 9.05 but it went up to 9.24.
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