PTBI Trade on May 5, 2015 14:05 from jmos_BOWS: Tradervue User Stock Trades.

Play: Bull flag

After going parabolic, I was looking to short but didn't have any balls to as was very volatile and who knows until when it can squeeze. When it broke trend, I was expecting it to continue its downtrend for a bit but it didn't. It started basing out with clear support and trading within a 30cent range and making higher lows in that range. When it kept trying to break out, this shows buying power was there. I got in when it started going and sold all like a rookie right under HOD. My first target was HOD, and normally, should have scaled out to grab more of it but didn't. I traded based on how this week has been going which I haven't been able to get much follow through so I took it all off thinking there wouldn't be any especially as it was overextended...but clearly it did. It ran over a dollar from my entry..Holding it for 10seconds is not the way to trade especially as prices were lifting so no reason to get scared. Most importantly, that is why i scale out to grab most of the meat.

Reasons to sell: spike, bad discipline, didn't scale out and wait for proper first target, traded based on other trades