Sold LOCM

Got out of LOCM. It was part of my weird ass style and I've changed my ways so I wanted to get rid of it. Plus it was acting weird. Exit price was 6.75

 

 

 

Bought LOCM

Got in on LOCM. I like how it was up pre market and it tested a support level 5 times. I had to get in. Got in at 6.87 with a stop at 6.60 that's in a good stop below the action. That's a 4% decline roughly and I've adjusted my position size accordingly. I'm leveraging the best amount of cash for this particular situation. Green is the support line, black is my stop, purple is more support that I havn't colored yet, haha and the red line at top is resistance.

 

Traded LOCM

Traded LOCM for a significant loss today. I got overly excited this morning as I've been waiting all weekend to trade, now that I do trade, I lost money.

 

Anyway, got in at LOCM around 16.25 and got out at 16.13 both were market orders (I need to stop using those). LOCM looked good, volume was good, then everything went downhill. Then as I sell, I'm watching another stock that I was going to buy before I saw this one, and that stock went up 4.8% in the time that I lost money. It was INSP.

 

Anyway, here's the chart of LOCM and the rally it had in the morning and then I bought it at it's peak. September has been really really rough for me :(