ABML Trade on Dec 22, 2020 15:45 from yoosh: Tradervue User Stock Trades.

I swung this OTC over night. I was risking $0.12 at the $1.10 level.

Over night I had the stock spike and I was up 25%. My nnobie brain thought that this could go higher and I wished I locked in my profits because 25% itr actualyl really really really really really really really good! My problem is that making $20 does not feel like that much, but I have to remember that at this point my account size is like $400 so $20 is 5% of my account size. ANYWAY I have learnt that lesson about swinging OTC overnight.

The other thing that I can see was that this stock had run for 5 days already, so at some point this was going to crash, so it is better to get out for small profits.

Another thing about this play that was really obvious was the level 2. I was watching the level 2 and I was able to see the the turn around. I have only watched 2 OTC stocks and both times I was able to see the shift, but I was not confident enough in it. I think I am able to see shifts in momentum though. If I was trying to dip buy or something I think I could do it, I would just have to do it will small size first to gain confidence.