I entered 3 stocks below:
1. $NRCP
2. $ECP
3. 1 current holding for week 4 (and onwards?)
See below for the trade summary.
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1. $ECP
Based from my recent blog on Thurs, Jan 18: The Tale of $ECP - I said I wasn't going to trade this stock and will let this pass, but I took my word and broken my rule - because the setup fits my parameter and the stock really has MOMENTUM. Looking at $ECP chart on Thurs night, one of the trigger/s I'm waiting for was the ATH of 60.95. I made a plan that night that if this stock will go CRAZY again on Fri, 60.95 area was my ideal safe entry.
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| $ECP Daily Chart Jan 19, 2018 - Fri |
On Friday, $ECP opened at 56.00 and broke the ATH at 60.95.
I made my entry during the first minutes of the open, then eventually sold before the close.
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| $ECP 3-Minute Chart Jan 19, 2018 - Fri |
$ECP went as high as 76.50 on Friday, and this was the snapshot during recess:
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| Jan 19, 2018 Fri Recess Of course, wasn't able to sell $ECP at these levels (and $NRCP 👀) |
$ECP port allocation: 31%
$ECP %Gain/Loss: +10.30%
Trade lesson/s:
Always have a prior plan when entering these kinds of play. Luckily I'm able to monitor the market on this day. Since this one's too quick, just react and set a sell plan accordingly.
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I entered $NRCP on Tues, Jan 16.
I saw a breakout at the multi-yr high of 1.29 and made my entry EOD.
I even added the next day.
But luckily I sold it with a loss. 😊
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| $NRCP Daily Chart (and how I traded it) |
$NRCP Buy/Sell Transaction:
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| Say CHEESE before cutting! 💥 |
$NRCP port allocation: 30.2%
$NRCP %Gain/Loss: -9.42%
Trade lesson/s:
Respect cutloss point and cut immediately. Do not HOPE when cutloss point is already hit.
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Current holding:
Nothing has changed with my port.
More to follow.
