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53% - Wednesday trades I did from a breakout news stocks
**So here is the context:** I have been tracking 3,000 stocks priced between $0.20 and $20. I trade these stocks on pullbacks and halts after breaking news. Below are my trades for today. https://preview.redd.it/fg0gij8msjle1.png?width=614&format=png&auto=webp&s=791a78eb6fe2994c470630a8e330f31b547800fb I will explain my entries and exits for TRNR since I took 2 trades on it. https://preview.redd.it/xtuw5ovwtjle1.png?width=1922&format=png&auto=webp&s=4297f1b84bf6e4012dd4019450202978973c0f67 So at 7.56am est I caught the news, 1st I benchmark, this gives me exit and entry points. My benchmark for entry here is the time and candle when I found the stock. So when the next candle form and break up of the benchmark candle I entered here as shown above. And exit on the first red candle. Then drew a fib retracement and waited to see it hitting either 50% or 65% and with an alert of reversal as shown from an indicator i use. And thats my 2nd entry point. At this point I was hoping to get 20% with a stop loss below 65% line. And once it break red line I stretched my TP to 0.00% Fib Line and got hit there.4
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