Shared by:
NickB_BOWS
Thought I had the roll this am, pieced in around .50 stayed with it today and got the roll a bit later. nearly got stopped twice
Execution detail:
Comments
Nape_BOWS
Tricky trying to day trade low volume stock imo.
NickB_BOWS
In retrospect it may look like I chased it..I didnt want to miss either..caught some later..was averaged in at .50
iStryker_BOWS
Again, what was your R:R. looks like it was 1:1 at best. entry 5.45, first target lod 5.35, stop hod 5.55 (you did 5.61)
If this stock was a parabolic rubber band, then I might have jumped in with you as they would be a good chance it would break the lod, but look at the daily, its not.
Ive always built positions- it helps me get a feel for it somewhat. I was lucky enough to be avg in at 5.50 here..stop was at .65 I was looking for a complete reversal today on this. Was looking for .50 or flush under the figure at 5..been a while since I played a stock this cheap and forgot how narrow the ranges can be. Had I had time to really select and narrow down a list I would be filtering a lot of plays out but to honest im juggling my job and trying to do this as well. Appreciate the input though thx..
markmandy54_BOWS
Chased entry however i don't like the setup as isn't strong to me.
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
you chased it. support was at the point where it bounced, right where you bought it