Decent win on DMRC a morning spiker- held its ground all day and got out right at low of day in afternoon before it spiked back up - nice covers on a trade that was not performing perfectly
Long - Gap up Morning spike. Earnings play. Beautiful spike, powerful move. I got out too quick and only took 6% of a possible 20%. I have been sooking lately that the market is not giving me opportunities. Well, here was a home run trade in 3 minutes, gift wrapped with a big fucking ribbon on it. Gotta stop thinking like a little bitch and be a trader.
I had a small position and I had a sell limit in for 34.44 which would have executed if I had been more patient with the trade. Still a small profit.
Entry: Had a really good entry and I am really happy with my ability to get in at the right times now. Looking at the chart it was clear that DMRC's resistance was at around $45, so if it broke that I would cut loses quickly and of moved on. ----------------------------------------------------------- Exit: This is where I really needed to work on. I missed a lot of good exit spots, and left near the end of the day as I was squeezed out.
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