Entry: Got into the trade right after seeing morning spike with big volume (4M) and news on otcmarkets.com. Didn’t analyze the chart, where is resistance, where is the stock in the chart. It was a completion of acquisition, so the price might have already priced in. Goal is to make 10-15%. Exit: Got out when the stock couldn't continue to spike/uptrend like other potential merger and acquisition; making lower highs and lower lows. Respect price/action no matter how good I think a PR is.
CHASED THIS PLAY, LOW VOLUME, SHOULD OF NOT BEEN IN IT, OVERTRADED
Had a good push, raised my risk then pulled back and stopped me out for a scratch.
Entry: Got into the trade after seeing morning spike with big volume (4M) and the news on otcmarkets.com. Didn't wait to analyze the chart, where is resistance, where the stock is in the chart. It was a completion of acquisition, so the price might have already priced in. Goal is to make 10-15%. Exit: Got out when the stock couldn't continue to spike/uptrend and is making lower highs and lower lows. Respect price/action no matter how good a PR is. Lesson learned.
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.
