HZNP
Looked like it was consolidating above over under 25.00 took a long got stopped. Gave a higher low , it was very quick trade. No regrets for dong something out of line.
ZIOP
ZIOP
I was too slow to short from the open, since opened into good resistance level ( daily) . I did wanted to see it go higher to short but was not humble and quick enough to see the off the open short.
I did wait patiently to drop near 12.00 which was previous day high ( PDH), and entered long 12.05 with fishing order at the wash. Got stopped out 11.90 which was violation of PDH. I was looking for next long entry but only with confirmation for bottom. Bottom was created at 11.68 took a long at 11.78 and added 11.85 for average 11.82. It did not break the 12.00 as I expected , was trading choppy over under 11.85 and took acceptable small loss of 4 cents at 11.78. Very limited risk.
ZIOP
My friends were laughing at me telling me I'm trying to catch a falling knife, something that I preach NOT TO DO, My response is as long as have a plan and know what I stand to lose I am OK with it.
In a way they are right , and they did couple nice trades which I call them MY BREAD AND BUTTER here past trades.
These were the two trades. GENE and GOGO
GOGO same thing
Trading is not just one day battle.
Limit the risk and stay in business.
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