Paper Trade - Oracle Recommendation - Bought 225 shares at 1.31, sold at 1.29, loss of 4.50, 1.53% - closed trade becuase needeed to leave computer at Inner CIrcle Retreat
Poor trade my thesis was $0.45 upside so on another 10cents to hit target so R/R not there. Should not have entered trade, still very low volume only 6M. Sell orders were stacked about 3:1 when I bought. If I was patient and not getting FOMO I would have waited a few minutes knowing the price would retreat as it did. Resulted in most gains given back. In hindsight I got out too early on first trade after pullback share went to HOD $1.30
Waited to confirm uptrend then got in on VWAP reclaim, float higher at 13.7M volume only 2.2M needed much more really. Kept breaking resistance levels and slowly going up. Potential upside was $0.45 cents. Trade was doing nothing wrong but wanted to lock in profit. Sold then it continued to follow uptrend. In hindsight could have stayed in as per my plan and thesis
Bought this mdbo looking for VWAP recovery and push to hod. No momentum or volume so cut. Good exit.
Rebought stock as bottom showed itself. This time, sold at near the top.
Stock up in premarket pulled down at open. Bought at what I thought was the bottom, went a bit further. Actually sold at the bottom, but I was safe.
Scaled out 25 at 0.901, 0.93, and 0.9356, then final at 0.83.
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.
