Paper traded TTCM this morning. Plan: Bought 500,000 shares on the dip at support level around .014, with plans to cut losses if price went below .0135, goal was to make 10% at .0153
Outcome: Sold all shares at .0163 for total paper profit of $1,250! Great outcome however to be honest I should have been paying more attention and sold on the first spike at .01575 around noon, but had to leave the market for a few hours to take care of some other stuff. Ideally stop loss would have covered my risk but still not a good idea if trading real money, so in a sense I got a little lucky there was a second spike when I returned to trade.