Thursday, January 28, 2010
breaking out. i felt the push. i see my problem is selling too soon. when i want to sell the stock, i think i actually need to be buying more. when i time it correctly, i end up selling into the immediately, instead of hanging on for some serious coin.
chat room breaking out. i wasn't a huge fan, got my money and ran.
retracement, todays high to low. i got out for no reason. i didn't want to lose $30 so i tightened up the stop after 25 minutes. original stop would have held. afraid to lose, instead of trading to win.
retracement todays H/L. got out way too early. look 10 cents maybe.
big volume bar, should have bought and held. it is easy to see and the end of the day.
nice retracement. forming triangle as well. then bounced twice off 50% retracement line. really nice set up. tight stop of .10 and guess what... when it dropped from my entry of .16 to .09 i got scared because it dropped in a blink of an eye. i know it wasn't a big drop but i didn't now how this thing trades. i thought maybe it trades like that crazy HEAT the other day. i got out. and wow what a great trade.
caught the top, wrong side of the trade. breaking highs and boom, goes lower.
trying to buy retracement.
crazy stock.
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