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Latest Trades

Here is what is currently happening.
$80 Profit
LCIShort Stock

Left a lot of money on the table on this one. 1) It dropped to $6.05 for just a minute, where I could have covered for a $200 profit. 2) Then it stabilized at 6.10-6.12 for 2 minutes where I could still have made about $150. 3) Later it came back down to $6.09-6.10 area for another two minutes giving me the same chance. And of course I covered on its way back up. Got to be ready and be out, locking in profits.


($27) Loss
NIOShort Stock

Good entry, with HOD as my cover. When it could not break down $7.95 in the morning and spiked to $8.15 I got freaked out and covered. It turns out that I was correct and dropped to $7.60 3 hours later. Need more patience with shorts and it is a lot slower process than longs. Don't need to freak out and cover until my stop losses hit.


$170 Profit
NBEVShort Stock

Usual morning panic with support being my cover at $4.33. Dipped a couple of times to $4.05 and when did the same on Friday and bounced it never came back to that level. So next time it got close to it, I covered for profits. Sure enough two minutes later it dropped to the $3.93 support lever and bounced from there. Left some $$ on the table. Next time will be some more patient. Very light trading day.


($4) Loss
MNGALong Stock

Brought 1000 shares of MNGA @ 0.286 in a dip looking for it to spike up. Instead the volume dropped off. The stock stayed around 0.285 for a while but then started dropping so I cut my losses. Got out @ 0.2821 for a $3.90 loss. Could of traded better


($2) Loss
AKERLong Stock

Brought 200 shares of AKER @ 2.6003 in the dip thinking it could spike up. When it didn't I cut losses quickly. Was a bit of a silly trade, I was wanting to get in on the action because I played it too safe and didn't buy the premarket spike. Overall a disappointing trade.


$26 Profit
NBEVLong Stock

Long (PDT) stock play from watch list. Increased volume based on previous days of good news catalyst. Looked liked a morning gap up during pre market, intraday strength started to fall. Exited following Tim's RULE #1