I had a very nice trade today.
Came up on premarket screener with news. A company that was just awarded a big government contract.
Thought I got a good entry....could have gotten a much better entry. Kept me a little bit worried, but I figured with the stimulus passed the market would be wild today, so I held through premarket. I increased my limit sale when the stock was halted about 5 minutes into market open. I increased but not too much, so after halt, I sold and got the gain.
Lesson learned today is to not start my trade until 7:45-8. I'm finding earlier than that is a little choppy, and I'm buying too high. The premarket starts out hot and then settles down, so it's best to do my analysis beginning at 7:45. So instead of mediating after placing my trade, I'll meditate first.
I don't even care one bit about the gains I missed out on because it is always such a relief to get a good gain and get out.
Ticker: XELA
Price bought: $6.11/share
Price sold: $7.00/share
Gain: 14.6%
Total of my $100: $271.35, a 9.5% average daily gain.
No comments:
Post a Comment