Closed 2 days ago at $9.04. Bought it yesterday at $9.30
when it broke out at the open. Went higher yesterday morning
(up to $9.56), put in a stop at $9.35, quickly descended midday and
took me out slightly above break even, closed at $9.03end of
day. Today it ran at the open, strong all day and closed at
$9.92.
Looks like I was a day early, played it conservatively and
missed the big move. What makes a stock move (up and down)
like this?
yeah stuff happens like that, I bought yesterday and sold some
for a loss but kept most of it, worked out today, anyway stuff like
that happens. I almost sold it all but I decided to give room
below the lower pennant triangle line as an objective stop.
That's all I can say really you are going to lose on trades,
set objective stops based on the chart, you will still get stopped
out and lose on trades but over time it will work out, staying
objective and keeping emotions at bay is key.
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Frustrated with KPTI
Posted by RichieD on 21st of Apr 2016 at 04:25 pm
Closed 2 days ago at $9.04. Bought it yesterday at $9.30 when it broke out at the open. Went higher yesterday morning (up to $9.56), put in a stop at $9.35, quickly descended midday and took me out slightly above break even, closed at $9.03end of day. Today it ran at the open, strong all day and closed at $9.92.
Looks like I was a day early, played it conservatively and missed the big move. What makes a stock move (up and down) like this?
yeah stuff happens like that,
Posted by matt on 21st of Apr 2016 at 04:32 pm
yeah stuff happens like that, I bought yesterday and sold some for a loss but kept most of it, worked out today, anyway stuff like that happens. I almost sold it all but I decided to give room below the lower pennant triangle line as an objective stop. That's all I can say really you are going to lose on trades, set objective stops based on the chart, you will still get stopped out and lose on trades but over time it will work out, staying objective and keeping emotions at bay is key.