timothysykes

$1,093 profit CUBA Long Stock

Entry comments: Buying to hold overnight as word should spread overnight about more positive Cuba news http://tim.ly/1AVkawV this is a former runner, hopefully some over-aggressive shorts just think this will keep fading, and they'll get squeezed...by buying this nearly $1/share off the day highs, I have limited risk of losing 10-20 cents/share, upside of 30-50 cents/share, decent not outstanding risk/reward

Exit comments: Sold into perfect morning gap up...premarket I coulda woulda shoulda sold into the 9.20s, but I got greedy, wanting more, and that greed cost me roughly $1,000...good lesson for everyone but congrats to all longs, this is an easy/low risk overnight trade, doesn't waste any precious day trades for those with small accounts and earns an easy 3-5% overnight, nothing huge, but 100% predictable just like the LOCO gap up as outlined in last night's video lesson

Received 1 Karma
Join now or log in to leave a comment
timothysykes

-$2,950 loss CUBA Short Stock

Entry comments: Shorting on the perfect downtrend, missed out on $40k in profits in between my last cover and this short, absolutely disgusted with myself, but even if its choppy the pattern works every time, next support is 10ish so I want to make 50-75 cents/share, ideally morning panic Friday

Exit comments: Covered into nice premarket drop, might actually be a loss for me givin ex-dividend date, my high net worth broker is looking into now, when in doubt get out, video lesson coming, GREAT webinar starting n 2 minutes for http://tim.ly/sykesmc students

Received 2 Karmas
Join now or log in to leave a comment
Page
of 42