Shared by
Tflynn
So I just watched Jack Kellog on Timothy Sykes YouTube chanell, talking about how not to be afraid of getting in on a stock even if its already ran 100-150% pre-market as long as it is the leading percentage winner pre-market with news the night before. This was up like 125% still had not lost it's volume and was consolidating just before open. I bought in around 9:00am PST it continued to consolidate until open. It ended gapping up and I peeled 10% off at first pullback on engulfing candle, then an immediate Halt. I started peeling off shares 10% at a time for small profits as it continued to go parabolic, halting several times. I took 68% out of what ended being a 1000% runner in a few hours. I should have been more pacient and exited on the 3 to 5 minute chart, when showing signs of a pullback and let 20% ride with a stop limit. I will study tape and level 2 for better exits.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-12-09 09:02:53 | AMAM | buy | $1.150 | long |
| 2022-12-09 09:38:42 | AMAM | sell | $1.340 | long |
| 2022-12-09 09:57:01 | AMAM | sell | $1.610 | long |
| 2022-12-09 10:02:38 | AMAM | sell | $1.960 | long |
| 2022-12-09 10:08:02 | AMAM | sell | $1.972 | long |
| 2022-12-09 10:13:42 | AMAM | sell | $2.360 | 0 |
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