
Earnings winner (Or should I say loser) - Top % gainer, low float, big volume, catalyst. All the ingredients for a squeeze. Because of it, gave it too much time. The previous day I sold ACRS too early thinking I was protecting myself and only made $60. It could have been around $700 - 800. So today decided to give this one time. Need to remember that each trade is unique.

This was a failed RCT play. I entered right before it reached the RCT entry based on its news regarding their earnings for this year and their projections. The stock spiked up a few cents but then started to fail and slowly come back down. Sized way down in this market, so small loss. Sticking to my $20 risk on each trade until I find consistency. Lately, RCTs have been working with strong catalysts, so I will need to be more meticulous when trading this pattern in this current market.

Combination of multiple trades between yesterday and today. Taking losses this large is completely unacceptable and totally in my control to not let them get to this point. Need to get back to basic risk management and just cut losses quickly. This and GPUS should not have happened. Green on the week but it should have been much better. I will be going into next week much more disciplined.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.


