$15 Profit
SORLLong Stock
timothysykes

Entry comments: I dip bought this earnings winner off its day high and on its probable 1st green day after several days of consolidation, my goal is to make 30-50 cents/share either later today or overnight and while this isn't a hugely volatile stock, I'm buying at the bottom of its recent range so there's not much risk and if it goes red today I'll just cut losses quickly

Exit comments: I gave it some time to go green on the day, but it's not doing that which is a bad sign after yesterday's 1st green day, OHGI was today's biggest spiker and I missed it playing these 2 boring stocks, it happens, but by exiting trades not working out great you protect yourself from big potential losses, safety first...potential re-buy here only if it can go green on the day convincingly

6
630

Position Updates

  • Jun 07, 17 3:02 PM: Bought 3000 at 8.46 - I dip bought this earnings winner off its day high and on its probable 1st green day after several days of consolidation, my goal is to make 30-50 cents/share either later today or overnight and while this isn't a hugely volatile stock, I'm buying at the bottom of its recent range so there's not much risk and if it goes red today I'll just cut losses quickly
  • Jun 08, 17 9:39 AM: Added 1500 at 8.37 - I added to my position here as even though we didn't get the gap up/spike I wanted right away, the sell volume is weak and I think it can still bounce, maybe a delayed morning spiker
  • Jun 08, 17 9:50 AM: Sold 4500 at 8.43 - I gave it some time to go green on the day, but it's not doing that which is a bad sign after yesterday's 1st green day, OHGI was today's biggest spiker and I missed it playing these 2 boring stocks, it happens, but by exiting trades not working out great you protect yourself from big potential losses, safety first...potential re-buy here only if it can go green on the day convincingly
DatePrice
Entry6/7/20178.43
Exit6/8/20178.44
  • Total Views1,073
  • Position Size4,500
  • Percentage0.12%
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Vaytzman
VaytzmanJun 07, 17 3:13 PM

Hi Tim! A small question about the risk you are taking. How do you quantify it? Percent or points? And do you use exit price in support levels or level2 price action? Thank you :)

Nabilinc18
Nabilinc18Jun 08, 17 6:48 AM

.10 cents mental stop loss@Vaytzman

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