Entered this stock on a chase that was $.20 above the RCT entry. This stock was very choppy and could not hold the $5 level very well. It started to dip back down, so I cut the loss quickly before the RCT candle stop loss. This was a speculative RCT play, as there was no news catalyst.
I was going for a momentum play here in the morning but it took a dive. I have a bad habit of holding stocks all day, I was LUCKY this came back in my favor.
Cutting small losses since I can't wait around for it to bounce if all.
I forgot to check if it was a Chinese company and it was. I tried to trade this stock 4 times (3 setups) and the setup failed every time.
Gap and crap. I forgot to check if it was a Chinese company
Bad trade should not have jumped into this . out way past my risk.
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