Gave it more time and bought when it broke consolidation. Broke day high but came right back under and just no volume. Clear signs for me to cut but decided to wait and it ended up dropping more so cut lower down. Bigger loss than it should've been.
Bought near open for a FGD bounce. Think I'm early so cut.
#5. This did not fit my criteria so I shouldn't have traded this.
Small gain
Quick loss
Quick loss
First Red Day. 0.22R. Entered short, risking $3. Covered into the flushes. Clean trade after it made a nlod.
caught the dip, but only holding for 1 minute is not good. respect your risk MO. After I sold it did drop to 2.58 which wouldve been my risk, but Im learning that my risk should not just be the bottom, thats not resistance. 2.5 shold have been my risk and what am I willing to lose, $100 per trade - so 500 shares would lose around $90. If I respected that it went all the way up to 2.9 which would have given me a like a 1:1 RR which is not ideal. its not rocket science but its also not easy
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