SIRC Trade on Feb 5, 2021 09:30 from yoosh: Tradervue User Stock Trades.

I was expecting this stock to panic this morning however they released some PR news which gave it a bullish sentiment.

Entry 1. At the market open I bought some share risking a break of the open price and my price target was the first time I saw any weakness on the level two. The reason I do this is because normally these OTC's will run out of the gate and will not really have a pull back.

2 and 3 - I really screwed up these entries trying to catch the bottom. My first entry was buying the open price, however this level broke so I cut my loss quickly for a 1 cent loss. I went in AGain at $2.50 thinking this was a psychological level, but then it cracked just below to $2.48 and I cut my loss for 2 cents and the stock bounced straight up from here. I don't mind cutting my losses small because if it keeps panicking, it gets really hard to get out of the stock.

Entry 4 and 5 - The first entry was buying the bouncing and risking $10 a fail of the bottom that was just created at $2.50. Stupidly I also added again right at the top near $2.84 but on smaller share size. The reason for this was because sometimes these bounces are strong and keep going, but in reality I probably should only buy in a pullback. Because I have small share size these mistakes don't matter but if I start sizing up, it will be a problem.

Entry 6- I managed to make the same mistake again buying the top. I saw a ABCD pattern forming and was buying the break the $2.80 level, but we turned around at the point, so I cut the loss on that too.