($52) Loss
GENEShort Stock
MikeShan3

Over extended gap down It was a good trade. Shorted at 1.19 risked .06 cents to make .11. The stock fell to 1.11 then bounced. I added on the bounce and got 1750 shares at 1.18. Lowered my risk to a resistance level at 1.20. The stock started to get illiquid and broke past that 1.20 resistance level I then saw it wasn’t a good risk/reward if I risked that 1.25 level because of my size. Decided to cut my loss. Didn’t get emotional and stuck to my plan.

000

DatePrice
Entry5/16/20191.18
Exit5/16/20191.21
  • Total Views12
  • Position Size1,750
  • Percentage-2.54%
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