Filters (0 applied)

Bought at end of green day, looking for Day 2 spike (Friday). A.M. jump in price, and stayed over VWAP. SLOW continual increase, but lower volume. Once Level II data showed downward momentum and VWAP reached, I bailed. Lesson learned: Really like Level II and VWAP indicator at this time, and feel comfortable anticipating moves. Not a home run – but a single is good for this small account.

End of first green day, looking for Day 2 spike (Friday). History was 2 + green days on news. No spike, but a.m. bounce over VWAP and held there for a while. Level II data showed downward momentum, so I pulled the trigger. Executed sale over my risk tolerance of $.41. Lesson learned: Really like Level II and VWAP indicator at this time, and feel comfortable anticipating moves. Position size too large for my account. Not huge loss, consider it was a good trade!

Although a loss, it was within my risk level. Was waiting for this to break $3, and it had incremental losses toward end of day. Hopeful for a rebound, but hope not being a strategy, I cut losses at my risk tolerance and happy with an overall GREEN day. Lesson learned: Don't assume upward trend during day will continue to end of day! :)
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.