ACFN Trade on Jun 10, 2014 13:34 from Jerry_C_BOWS: Tradervue User Stock Trades.

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Jerry_C_BOWS

 

Good entry but what a boring, slow moving stock. I really don't like $2 stocks.


Execution detail:

Date/time Symbol Side Price Position
2014-06-10 13:34:52 ACFN buy $2.440 long
2014-06-10 13:46:43 ACFN sell $2.470 long
2014-06-10 13:49:26 ACFN sell $2.520 long
2014-06-10 14:14:59 ACFN sell $2.500 long
2014-06-10 14:21:45 ACFN sell $2.480 0


Comments

2014-06-10 23:24:09
 

Nice trade, and very nice scale-out, in all the right places. But don't harsh on $2 stocks! :)

JK. $2-$5 is actually my sweet spot right now - it's where I make most of my profit. They usually move slow in terms of cents per minute change, but the low price allows me to get in with higher volume (or, when I'm doing it properly, to get in with moderate volume, and scale up if it goes my way). Just have to be careful not to get into a stock that's too thin (which I used to do at least once a day, but I'm getting better at avoiding now).

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