LEDS Trade on May 6, 2021 14:05 from yoosh: Tradervue User Stock Trades.

This was a stock that was running today. It was already up >100% and it is a 400k float. When I saw this I was a bit worried and knew that there would be some crazy volatility. I was hoping that the volatility would be to the upside. I did see that the stock had the rug pulled out from under it a couple of times and I should have paid attention to that. Instead I just really wanted to trade and bought the first stock that seems to be grinding back up.

I bought a break of $12 because it seems like a good phycological level as there was about an hour where it could not break this level. The stock did end up going to $13 but I did not sell because I knew commissions would cost me abut 50% of that.

How can I solve this:
1. Buy more shares and have tighter risk. This would mean buying closer to vwap.
2. Don't think about commissions
3. Change brokers so I am not paying a ridiculous amount.

My stop was at $10.50 which was vwap when I bought and then during that time vwap ended up being around $10.70 and the stock flushed through that level and I did not sell. I also found that because this was my last day trade I did not want to sell for a tiny profit because it feels like a waste. I really need to only buy stocks that are A+ setups.

There is a possibility that if this break $13 tomorrow we will see a nice squeeze. Unfortunately I have no trades left. I need to keep some day trades for Friday.