My last trade last week was a dud. I was planning on riding SM for a day trade as the setup on the daily looked like it was going to be a momentum burst setup. I liked the chart and all and I noticed that there wasn't enough volume/interest on the stock. Nevertheless, I still took the trade.
The stock stopped me out on the same day. I was probably caught in the randomness. There just wasn't enough players to push it up. Lesson learned. Only take breakout trades if the RVOL is decent.
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