$AFH was my big new winner today.
Friend sent it to my page premarket. I looked at it and I liked it.
It was .62-.64. I bought 10,000 @ .64.
Then bought another 5,000 @ .65.
I had a .77 price target. got over .75 and I sold 10,000.
Then it dropped.
I bought more at .68 .
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Now I had 10,000 again.
They tried to fake the weak hands out at the open. Then ZOOM straight up once it got over .80 I started selling.
I made just over $3000. my days pay.
Ending up going to .96 so I could of made another $1500 or more if I traded better.
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Did you expect it or thought it would climb or thought it would just sell off? On your charts what lines do you use ema or sma?
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You see these trades a lot. They are mental trades premarket and early at the open. I don't use short term charts then charts are in my head. Once the market opens 10 & 50 sma are the standard charts.
Pretty impressive I guess it comes with experience. Only been doing this for 1 month and a half. Only read 1 book to get an understanding of day trading. But following you has similarities to the book but you have a different approach. You have more bangers. Which I like!