Bought this after dip and turn up, but turn fake out and dropped to halt at 5.30. Looked like it would bounce off that support level so just put in sell order for when it came out of halt, but ended up putting it way too low as it bounced to 6.20 before coming back down. At least read it correctly.
Entered this stock on the 1-minute candles when it was starting to spike on news, in an effort to get in early before it takes off. However, it did the opposite and starting dipping quickly. The news catalyst did not seem to have legs, so sellers took over. As mentioned on previous JFBR trade, need to size way down and get my groove back, as this is the third big loss this week. Good lessons.
Painful trade, stoploss got skipped over and I jumped out on the way back up too soon.
Getting greedier as I could of stopped out earlier for better gains, but wanting more. The emotional game I am working on getting in control. Studying to build the knowledge account and the bank account will come. Live to trade another day.
Entry based on early alert late entry looking for break of 7 exit based on failed break
Master Trades alert at $5.59 Seemed to struggle going up and could not hold gains. Dumped it for a nice little gain.
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