@ShareSpeculator You need an exit strategy still! CNC even ASAI y/d just randomly sold, no reason on the chart was probably 5k of profits just in those two trades alone! Starring at the the screens for the next 30 years all every minute of the day surely cant be the goal?
@ShareSpeculator Hmmm looking at the chart I see no reason to have sold, its just broken the down trend channel and above all the moving averages now? That said you did the same thing with #MRL for some reason too.
@ShareSpeculator As your pretty much a day trader I think you would be better served buying the news of the day stocks like GENI today or BANK liquid enough for your size, you would then get the moves you desire at this rate your need FTC to do 10% to break even!
@markminervini Makes no sense to post a trade 9 days after the event! Unless itβs an ego thing what do you stand to gain? It was a guess nothing more, the charts werenβt breaking down so could have tried that short numerous times before being successful.
@ShareSpeculator Your selling strategy is bonkers, need a reason imo to sell, not snatching profits because level 2 may weaken a little. Take AGY, CBOX could easily follow, stop at breakeven + move onto the next trade imo, use the 5 or 10dma as a trailing stop, your never make serious money
@ShareSpeculator 2) once you trade a 6 / 7 figure account. eg HVO Im still long imo another stock that shows no reason to be out of, for your strategy Id just buy news like CMCX at the open was a nice trade, scalping small/mid caps, is lots of screen watching for pocket money imo.
@ShareSpeculator 1) I see your point, but the 'big money' I have made over the years is from a low risk entry point and then running a trailing stop, the stop goes to breakeven once the trade gets going and I get stopped out 50% of the time, but scalping away wont get you the big returns
@ShareSpeculator Hmmm I dont see any reason to sell? having bouced off the 200ma, its now above every ma and Im looking for a a move to recent highs, be interested to know aside from going off the order book the reason to sell here