Tag: break out

  • $YOD Broke Out But My Software Just Broke….

    $YOD Broke Out But My Software Just Broke….


    ….yeah….. That’s how I felt!

    So today I incurred my first loss… which funny enough to say… was actually a gain when I wanted to sell! I got in around 3.61-3.64 or so … it immediately dropped from sellers getting out from the pre-market explosion! Then ramped on up to about 3.80 before falling back down… I had a goal to simply play a .15 cent gain which seemed to be a good number considering that’s where it fell at!

    But once it got to around 3.75 I wanted the hell out! I put in my orders and it kept telling me I didn’t own any stock then it froze. So I flipped out knowing a crash was coming from my retracement lines and how level 2 was acting… So I got a bit pissed off… went flying to the actual site and sold their. I came back to the program and it was no longer frozen… but it decided for the hell of it, it would throw me back into a diving stock for another 200 shares losing me another $20 petty dollars…

    So I guess this a weird way and possibly a very affordable way to understand a key rule… Don’t fucking leave yourself open with just one way to get out of a stock… I think I’ll be leaving my self log-in on TD actual site just in case… But I’m getting a little pissed at how slow the time in’s on this software is.. The website got me out immediately without playing a stupid game with me. So I don’t know, I may be checking out another broker here very shortly!

    -Griffith Hawk

    PS: I was able to buy a small break out and make back some cash… mostly doing it to learn the ropes… not truly to chase down the stock to give my money back… although it’s always a plus to make some back. I believe I did a very good job limiting my disappointment in losing because of BS reasons and turning in to something funny… I think it’s very important to be serious… but not that serious! Or like Kevin Trudeau would say… “Care… But not that much!”. This stock is amazing today busted over into the 5’s!! Should be interesting to see how this one closes!

    Me When My Trading Software Fucks Up

  • PLPL Pump – First Successful Trade at Break Out

    PLPL Pump – First Successful Trade at Break Out

    So I came across this stock randomly actually just visiting some sites and wanting to look at their charts to study patterns and break outs and what not. Yesterday when I looked at it, it looked like this!

    PLPL Pump Wednesday 29The website I went to was about pump and dumps but I of course did not look into this too deeply. Like I sad it’s mostly based off of just looking around at stocks.

    But this morning after some crazy shit… I woke up to learn that my mother had been in a wreck… But she was okay, so no worries. So I got on to my CPU not really looking to trade, mostly because I’m still working through all the DVD series from Timothy Sykes. But I saw this pump running up from $1.00 this morning, and I was watching it. I saw it bounce several times of 1.45 and I decided what a better time then now to get a feel for a breakout.. So I waited until it cracked into 1.46 and bought 500 shares of PLPL. It rose rather quickly straight into the low 50’s then crash a bit back down to 1.49. I allowed it to do so to continue getting a feel for it, but once it ran back up and surged to 1.52 at that point I saw the breaks coming on at level 2 so I decided I’d sell…

    PLPL Pump First Successful Unsuccessful Trade Off of Break Out

    But that’s when I found out, my buy order never actually went through, there was some kind of weird error message… not sure what it meant.. but I guess I was not totally in the stock! … Of well right? It was only like $35 profit. But I had to go ahead and submit it to profit.ly as my first successful breakout pattern trade!

    Looking to continue making successful trades, but would like to understand more about pumping… and I believe this was a biotech stock too… Could be a surge off of potential news, earnings… I didn’t bother to check… This was purely for experiencing a breakout buy! But after looking on yahoo, it seems this is a Marijuana play… seems like it could be use to scale other MMJ stocks?

    I do remember Timothy Sykes plays with CANN! Interesting…

    -Griffith Hawk