Took another week off from actively trading last week due to deploying my efforts into understanding more of the fundamental side to get at least a basic idea of the company before I actually trade it and why should stock XYZ get to X$ level based on fundamentals.
Got back to trading on Monday but didn't take anything, but yesterday I went long $BLIN. Which is a garbage company but I had a pretty clear idea that this was going to go up more before it goes down. So I went long @2.62 and sold half @ 3.22, 1/4th @ 3.42 and the last 1/4th at 3.09, I shouldn't have gotten greedy but I did think the 4$ level was in the books when it didn't come and the backside was in I was out. Good trade 3:1 R/R.
