timothysykes

Entry comments: Dip buying this all day runner on a solid dip off its highs, lots of buyers supporting around 2.70, looking for the 2.80s or ideally new highs afterhours or tomorrow, great entr,y lets see if it can bounce

Exit comments: I'm exiting fro small gains, best decision was to average down when it dropped too fast and I couldn't cut...that doesn't work the majority of the time, but this is a slower moving play with solid news and the market makers just took out everyone's stop, I'll do a video lesson on this as its important to see the difference. I was too aggressive at first thinking 2.70 would hold -- it eventually did, but I was wayyyy too early so into trading timeout I go, must be more discplined!

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Position Updates

  • Oct 20, 1:53 PM: Bought 3000 at 2.73 - Dip buying this all day runner on a solid dip off its highs, lots of buyers supporting around 2.70, looking for the 2.80s or ideally new highs afterhours or tomorrow, great entr,y lets see if it can bounce
  • Oct 20, 2:00 PM: Added 4000 at 2.55 - Nasty drop, too quick for me to even cut so let me try something a bit risky and double down and get my average down as this one has had several intraday fakeouts, I think this is just the latest, risky though with my size so lets see, cut losses if 2.50 fails
  • Oct 20, 2:21 PM: Sold 7000 at 2.70 - I'm exiting fro small gains, best decision was to average down when it dropped too fast and I couldn't cut...that doesn't work the majority of the time, but this is a slower moving play with solid news and the market makers just took out everyone's stop, I'll do a video lesson on this as its important to see the difference. I was too aggressive at first thinking 2.70 would hold -- it eventually did, but I was wayyyy too early so into trading timeout I go, must be more discplined!
DatePrice
Entry10/20/20262.6271
Exit10/20/20262.70
  • Total Views77
  • Position Size7,000
  • Percentage2.77%
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