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Saw chat room alert this in a/n n was waitd to break 1.7 lvl since it was gettin vol n that was the longterm resistance. Tim buy n alert the PR since it wasnt on yahoo. I didnt want to follow n i couldve got in 1.65 but i waited until it pushed 1.71 n got in 1.69. its a chase but wanted 2 see it push that 1.7. It wouldve been better if bought the dip as it held the b/o. So i chasd .05. Lookin for 3-1 r/r. N it gaped up pre to 1.79 then startd on day at 1.69ish and i sold in first minute at 1.65
knowing that its resistance right at my entry. i still got in. these jan effect plays arent good for me. i cut out at 1.12. Instead of just selling within one min as it dbl topped at 1.27 i waited too long. idno why i cant get it.. idno if im playing stocks too early, not waiting. having a plan. i see all the results after and understand. dbl bottom at 1ish was good time to buy.I rushed today. dno these jan effect plays are so ify and speculative. it like goes against all rules
Jan effect plays- After this stock spiked open n i missed my exec. 2.65 it went 3.50. It dip to 2.70 n then tanked to 2.30 intraday were it found bottom from pre. n then uptrend n for hr stayed in 2.42-2.45 range n when it spiked to 2.55 i should sold there but didnt. TIm sold n knew would be sellers n since risk of toxic fin o/n so i missed my sell 2.50. Need to learn to understand when nwhy to get out n not get greedy. My original rr was 2-1, then 3-1, then just sold into tht quick volume perk
Lookin at gettin in on dip n for it to hit the a/h highs in 5.40s. n riskin .10 it was steadly movin up from 4.95s.I got in, it consolidatd for the time i was in n when i got out it went to 5.30. Not good trade with just .10 of actual upside. Longr term chart was just choppy. Tim"nope,not vol. n not a good chart patrn, stop trading random stuff, stick to gimie patterns w actual breakout/down, cmon dude,your better than that" Over the wknd it ended up slwly to 6.10s. on right track,just to slow
Looked to dip buy this were it had support from prev day. N day before wanted 2 get into stock at 4.69 but order was screwed up. Shouldve got in higher 4.40s . i lost on this one cuz i waited to see Tim buy n once he did i got in .08 after him 4.55 so when it spiked to 4.65-4.70 that was best case as it couldnt go r/g. N if i dip bought lower instead of waiting for conf i woulda got out for .20 about. Instead i saw it was strugling 4.65 (4.73 is r/g) waited on Tim to sell n got out for .02 loss
Decent entry/exit according to MG. I got in at dip as it panicd at open n my risk was 2.50(g/r) n it was holding it for 10 min but when it jumped to 2.70 i raised my risk to 2.55 which at that point was low of the day after bounce (2.45 it went to for one min) b4 holdin g/r.I was watching how DRYS was doin at same time. After that bounce seemd like it failed Tim said for third time in chat dont b long shippers n i got out at 2.55. right after that it went to 2.85 before failing and going g/r now
Stock was an earnings play from the day i bought and was making higher lows and holding .46-.47.48 area and i dip bought at .48ish as it dbl bottomed at 2pm. it got to .54 a/h and pre. But once market was about to open n open it fell apart. Weird my order wasnt getting executed right away. Same problem as Tim. Cut my losses quickly but i woudlve got out at .50 most prob if my order went thru rght away
Dip bought this earning winner into panic as the markets were selling of a bit and was .50 off its highs. Got as high as 8.74 but that bounce was weak and once Tim sold, i gave it another minute but the selling prssure kept pushing it down. Now in the 8.40s so i played it safe as it was coiling in the 8.70s and wasnt breaking out from that range as every one tick up was met with tons of sellers. Dont hold and hope
Stock gapped up pre and to the mid .80s and dipped right before open to the high .60s-low .70s where it was holding support. Waited for 2 min until i saw how it was holding up and bought it at .75ish and was looking to get in to low .80s to sell into as it had a lot of resistance in that area from lonterm chart. Looks like i sold too soon now that its went to .90s but ill take it as i had a plan when to enter/exit and followed it!
Stock spiked today and i waited for pull back and wanted it to go to the mid to low .50s. but it dipped to .58s and i hesitated and chased to the .63. it bounced to .66 and failed on that bounce so i had to get out for .01 loss. If i went with my gut which when i see i do i could make. I couldve make .08-.09 share into that mini spike
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