daytrade diaries... february 4, page-261

  1. 23,992 Posts.
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    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!!


 
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