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Y_I_Run
1
Y_I_Run Dec 24, 20 11:40 PM

Keep working at it and don't give up! You are one of the few women I follow since starting the 30-Day Bootcamp and I am learning from YOU. Thank you for your transparency and posts... they keep me motivated! Merry Christmas to you and your loved ones!

oldninja93
1
oldninja93 Dec 26, 20 2:24 PM

As a suggestion, what if you opened a brokerage account with TD Ameritrade or Schwab or Fidelity, some larger firm, where they give you a trading platform for free and practically zero commissions? Then compare how that does with your current setup? That could relieve you of some costs and you could keep the focus on the methods you are using.

TessaLamping
TessaLamping Dec 28, 20 12:46 AM

@Y_I_Run awe thank you thats super kind! Merry Christmas to you and yours as well! Keep up the hard work =)

TessaLamping
TessaLamping Dec 28, 20 12:47 AM

@oldninja93 i have TD too but I actually don't mind the commissions. Its making me work harder

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oldninja93
oldninja93 Feb 01, 10:57 PM

2/1 Update: Well, I definitely wasn't as patient as I planned. The pattern changed and I was concerned the price would drop so I've made $3,850 after selling 90% of my shares. Now today the volume is up over 600% and the question is, do I dump the rest or wait longer and see where this goes?

oldninja93
oldninja93 Feb 16, 9:50 PM

2/16 Update: I'm still watching at least until the end of the month. I have one million shares at $0.0001 left and am curious to see if there is any big pop for the lawsuit announcement as some of the hype is suggesting. Personally, I don't see this getting much past $0.10 with a very low chance it could get to $1 on FOMO. Most likely, I'll cash out in a month as it turns and drops back to $0.0001, and I will repeat the bot experiment one more time.

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oldninja93
oldninja93 Nov 14, 20 3:46 PM

11/14: Update after a week on this trade in progress. I'm still in but the volume has been drying up and the price is slowly dropping. The close yesterday was $0.0089. It's annoying to be so close to profit but no indication on when it will happen. I'll keep watching but am considering getting out sooner rather than later. Current exit is still targeted around $0.04.

oldninja93
oldninja93 Nov 17, 20 9:48 PM

11/17: Form 10-K released and it wasn't encouraging. Looking back, this stock last did a reverse split two years ago (1:4) and another seven years ago (1:25), both near the end of the year. Perhaps it is going to do it again if it can't develop increasing revenues but, either way, I need to get out. Readjusted my sell orders downward to around $0.02. If I see a chance in the next few weeks to get out, I'll probably take it as I don't want to wait too long on this and miss other opportunities.

oldninja93
oldninja93 Dec 04, 20 11:13 AM

12/4: This finally perked up so I bailed quickly for $349.96 profit. Could I have waited to catch the top? Maybe, but I've tried that before and missed, leading to even more time waiting and hoping. Better to get out on a bad decision with something than repeat the same mistake when I started the trade. Contrast this with my trades in ENZC and $TSNP and JCPNQ.

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oldninja93
1
oldninja93 Aug 16, 20 1:30 PM

Thanks, Sky_Hi_Trading. If I hadn't already been stuck, then I would agree with you. To me, that's the fun part of trading as the same chart can be worked multiple ways based on different starting conditions. I'm happy to share as I've learned a lot from others too.

Lyoness
Lyoness Aug 18, 20 11:26 AM

It's great that you're reflecting on all of this. Thank you for sharing.

oldninja93
oldninja93 Aug 23, 20 5:33 PM

@Lyoness, I appreciate the comment. You have interesting, steady progress. I've not trusted myself to short yet, but will study your trades to see how it's done. You're obviously on the right track.. ;)

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oldninja93
oldninja93 Aug 16, 20 1:23 PM

Yes, backtesting would be applying a trading strategy to past chart data and seeing under what conditions it will work or not work for you. For this stock, the point you picked could be a good entry for bullish dip-buying vwap strategy on a day trade. Try going back further with this stock and see other places where that would work as well.

Sky_Hi_Trading
Sky_Hi_Trading Aug 16, 20 9:20 PM

Thanks for the feedback. I tried going back but TOS wont give me 1 minute candles for older dates. Guess I need to look into finding charting software and what cost would be involved.

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