-$260 Loss
CREXLong Stock
PatternTracker

Entry comments: Moderate position bought as CREX as it was starting a spike off a short squeeze, failed to rally off the 3.50 range. If I had a daytrade I would've used it to sell off my position but this is more to allow me to learn how a stock can act than making a large profit. I deemed CREX a company capable of holding most of its recent gains over the weekend, although it did dip, CREX held around 2.95 for the rest of the day.

Exit comments: Decided to hold CREX for a bit to see if it could bounce off the lows but it only continued to dip further. I need to have a daytrade ready if I want to trade speculative stocks like this. I wouldve made a fair amount of profit if I had the daytrade but I have to remember that I am limited to 3 a week until I get to 25k+. Even then, I'll allocate 5k into the bank to make sure that ill have backup funds in case my account drops below PDT rule 25k.

000

DatePrice
Entry5/1/20203.2499
Exit5/6/20202.7302
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