Tuesday, December 16, 2014

SLXP long

I called out SLXP to go long above the 1st 5 min bar with a strong warning that this is a very volatile stock and moves a lot with each bar. This is spready so one may not get the opportunity to add to the position and one has to play small size due to this reason. I played a small size and did not add to the position and exited to protect the whole number when it made almost a $1 jump on 1 min. It went up much higher after my exit but I wanted to protect my profits. Called live on twitter and stocktwits



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