Caught the morning move and good exit BUT why not reentered it???? Was influenced by KOOL yesterday and scared to buy it in low $2.00s after I had position from $1.50. Just tough.Got plenty of opportunities to buy but didn't and instead was watching it going upward nonstoppably later.
Isn't it strange that all the low float stock behave the same, you see the same thing over and over again BUT you screwed up and for whatever reason you couldn't perform the best and maximized the gain. Come On morning HOD breakout and held is a STRONG buying signal!!!!!!!!!! Take the opportunity before it slips away!!!!!!!!!! The stock don't care what you think!!! trade what you see, fuck what you think!!!! 0 emotion!!!!!
Mistakes:
1)trying to give it time when it pullback from $1.90 and thought it could do whatever it would do before determine the trend, was planning to look for a trade around 11am but to the contrary it took off and the consolidation only last 10 min.
2)Was pissed off that I missed the trade and then definitely I wasn't interested to buy it because the price was too high from my ideal entry. I preferred that it had bigger pullback and consolidate quietly for 2 hours but it was just wayyyyy toooo volatile.
3)Failed to adapt to the price and volume! Was influenced by yesterday's shitty trades. All the circled spots are ideal "buy" spot with proper risk parameter. The MAIN reason was I perceived the price too high to buy! It's hard for me to buy a stock in low $2s when it was at $1s an hour ago! Just tough! Pretty much same mistake I made on MGT where I found difficult to buy it at $2, $3, $4 when it came from 50 cents. On float rotation play, you just gotta do it but always have stop loss level in the mind!
the other 2 trades didn't workout today but i traded it okay. PTCT was bad, I should have gotten out earlier when it started to base but hesitated.
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