Trade #94 – Sloppy Chart

In Trades by JCLeave a Comment

First trade of the day was $ACRX. They released good earnings this morning. I bought trying to play the bounce. The volume dried up right about the time I placed my order. I had a chance to break even and didn’t take it.

I wasted a lot of time this morning on this stock. I took a small loss to focus $VSCP.

Not too upset about this one. The volume was there in the morning, my initial instinct was right. In hindsight the chart was really sloppy. In the future I should stay away from stocks that are all over the place before the opening bell.

I recorded this trade for my own future reference.

Leave a Comment