dip buy, good risk/reward and thought i bought at support and/but got stopped out
New to the challenge. Currently trading with small account but for now Paper Trading to get used to Platform. I grounded myself after making mistakes with the platform and taking some trades when I should have not.
Position: 5. Entry: afternoon play, vwap reclaim. Exit: false breakout, SL. Comment: SL was too low for entry, PT was unrealistic. Comment: should've entered at consolidation breakout. Comment: should've taken small profit (would've ~10%), Comment: should've cut losses quickly. Comment: Don't trade when mindset was not there. Comment: Need to continue to practice patience and be disciplined.
Paper Trade - Oracle recommendation - bought 70 shares at 4.10, sold at 4.78, gain of 47.60, 16.59%
I bought this stock after hours when it was spiking, however, I did not have a plan during the trade. I entered the trade at $6.05 and the stock ran up to the $6.80s, but I did not take the profits. The stock quickly started to fail back down, but I stubbornly held it when it went well past my $10 max loss level. I took a $24 loss on this trade due to be undisciplined. Good lesson.
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.
