I Know that BCEI was out of the list but I wonder to ask something. Is a valid entry to enter today when the stock goes through the vwap. I see a repeat pattern in the morning that the stock is inmediately sell off but then goes up and through the Vwap. Normally I take the trade when the stock is above the 5dma, but today the stock was below. What is your opinion about this trade.
Best regards
You have to remember that I present one way to trade these stocks. To me, they are the lowest risk entries at the time I mention them. I took the name off the list this morning because it had violated the suggested stop and would have made for a much different trade with more risk. I always encourage everyone to “make the trade their own” which simply means, it is is your money, you should always do what you feel is right at the time.
Brian:
I Know that BCEI was out of the list but I wonder to ask something. Is a valid entry to enter today when the stock goes through the vwap. I see a repeat pattern in the morning that the stock is inmediately sell off but then goes up and through the Vwap. Normally I take the trade when the stock is above the 5dma, but today the stock was below. What is your opinion about this trade.
Best regards
You have to remember that I present one way to trade these stocks. To me, they are the lowest risk entries at the time I mention them. I took the name off the list this morning because it had violated the suggested stop and would have made for a much different trade with more risk. I always encourage everyone to “make the trade their own” which simply means, it is is your money, you should always do what you feel is right at the time.