I am up 80% on this trade. The hard part is knowing when to book in the gains. It is even more difficult on an IPO.
I set a limit order to buy in more and we absolutely gapped past it at the open.
Because this is OTC - I choose to make larger purchases so that the cost I pay for the trade is "worth it". TD-ameritrade charges $6.85 / OTC trade.
I have moved to the 15 min time frame as a means to find chart indicators.
I think I will be staying in this one a bit longer and I have a limit order set at $2.51 for 500 more shares. I do not know if we will get that big of a pull back.
Watching it as closely as possible to time the top, sell and then buy back in on a meaningful dip.
Previous chart on this same stock:
I set a limit order to buy in more and we absolutely gapped past it at the open.
Because this is OTC - I choose to make larger purchases so that the cost I pay for the trade is "worth it". TD-ameritrade charges $6.85 / OTC trade.
I have moved to the 15 min time frame as a means to find chart indicators.
I think I will be staying in this one a bit longer and I have a limit order set at $2.51 for 500 more shares. I do not know if we will get that big of a pull back.
Watching it as closely as possible to time the top, sell and then buy back in on a meaningful dip.
Previous chart on this same stock:
better not bitter