timothysykes

-$285 loss MLGO Long Stock

Entry comments: Speculative dip buy on his big morning runner that is trying to now bounce and could still squeeze over-aggressive shorts as has been the pattern on big firs green day runners in the afternoon so my goal is to make 5-10%, nothing huge, but good risk/reward down here with solid action/news

Exit comments: No bounce so rule #1 cut losses quickly, worth a shot but this is a scary play, be safe

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Received 14 Karmas
JoTrader
JoTrader Sep 23, 3:54 AM

If you trade scared, trading isn't scary! Thanks for the lesson!

Bwilliams3913
Bwilliams3913 Sep 23, 8:18 AM

If you trade scared, trading doesn't have to be scary.

sjcinct
sjcinct Sep 23, 9:24 AM

IF I trade scared trading is not scary

CSTrades
CSTrades Sep 23, 5:15 PM

If you trade scared, trading isn't scary. Toward the end of the video with the full chart it looks like a double top inside a H&S. Yikes. Thank you, Tim!!!

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