$105 Profit
IShort Stock
wannabestocktrader

Entry comments: Thanks to the large move from $8.12 to $9.23, I now almost have my full short position filled. Added on another volume spike up. Can add a few more times before I'll be ready to ride out the move back down if it happens today. Key thing is having my short position in, since once the real panic and selling starts, there's no way to catch i on the way down. Have to endure some short term pain for what can setup as a really nice play I think.

Exit comments: Feels great to come up with a plan, stick to it, be patient, stay disciplined, then take what the market gives you rather than getting too greedy and come out ahead. This was by far my most intense trade, as I was shorting all week with small size and watching every day to manage my position, and get experience. I still have a lot to learn, but this trade helps a lot with my progress and how I approach things. $113 - $7.645 comm = $105.355 win

000

DatePrice
Entry4/18/20189.18
Exit4/19/20188.05
  • Total Views129
  • Position Size100
  • Percentage12.31%
Proof
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