Insight Enterprises, DSP Group, Rent-A-Center

DSP Group - another share trading close to historical lows.  Usually scopes across the day.  Buy up to $5.50.  Not much action in the queue - is this due to the feed I am now using?  Q3 report released today which beats estimates. Should make this bullish but might need to be in at the bell for that?  Learning!  Another forecaster expressed negative sentiment towards their future.  Price has currently gone beyond my price range.  Vindication but means I have missed the boat?  Could reverse. Price continued on towards 25% increase!  Though I missed out on this I could still have made my PR at any time subsequent - but was that the benefit of hindsight or should I have paid more attention to the buy sell dynamics?  Just because I missed a buy level does not mean the price may not go even higher - does not mean it will either but can watch buy sell pressure to gauge this.

Both these shares finished the day about 5% up.

Rent-A-Center - another share trading at historical lows.  Ended up 10% yesterday.  Seems seriously undervalued.  If retraces many dollars to be made!  Price doesn't always scope but due to huge scope down it may continue to scope until returned to usual trading levels.  Disappointing Q4 forecasts have contributed to this fall.  Buy up to $14.  Directionless most of the day but did trend up in the afternoon - could have realized my PR.  Lesson is not to dismiss a directionless share in the morning - if it continues like this in the afternoon then remove from watchlist.

Currently experimenting with a tighter stop loss to increase risk-reward ratio - at current settings 1 profit would equal 3 stop losses which is very good but obviously not if they keep getting triggered reducing the amount of profit stocks.  Noise for example could impact at this level.  Will test it though.  Can adjust accordingly.  Another option is a 1:2.  First one got hit quickly!

Future will look to additional shares if shortlisted ones move against me.  May also assess whilst market in place to target shares that meet my requirements and continuing it into the trading day.

Two shares I chose realized my PR requirement - one though in a way I was not able to capitalise on, another I need to pay more sustained attention to into the afternoon yet the one that did not was the one I bought.  I need to think further about my final trigger decisions.  The buy and sell pressure itself is not entirely reliable - or is it?! - do I need to read it better or is it more about working with pre-identified buy levels and only making the final decision when the buy pressure is significantly ahead of the sell pressure?  But I have just indicated that is unreliable - is it unreliable though? - I need to assess this more critically.