I didn't touch BML initially (tweets) when I saw that it had alrady done the 10c run, and made my post (which proved wrong) aboutt self repsecting day traders not touching them over the 10c -
Obviously I was wrong, and enough people liked it...
The point of being a trader is that you can't get them all right - but if you get over 50% right, you're a winner.
Stop losses very quickly and let runners keep going.
I entered BML at 11.5c, (could have got 10,5 but was nervous) - and sold at 13.5, again, not wanting to be greedy as I'm always suspicious that these massive runs aren't sustainable.
Can see fluffy and t4 are playing in there - might still bounce again, but I'm happy with one trade from it as I missed the early one.
10c is usually a very big psychological barrier, and it's the new and unitiated usually buying over that, who end up in pain, but today was different on BML - it smashed the rules for the day!
OK...what's next!!
- Forums
- ASX - Day Trading
- daytrade diaries... february 4
daytrade diaries... february 4, page-261
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)