Didn’t wait for the over extension after a large spike but only took a small three contract position added to average down on the 26th. Overall small loss but would’ve been profitable had I waited for the morning spike that failed just below the five dollar to enter the position. Used put contracts as a short vehicle with limited risk as my first short bias trade. Little more patience for the over extension, would have turned this into a profitable trade for me for a 30% winner
Newsletters:TimChallenge
Broker:ETrade
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-$354 Loss
VISIShort Stock
$102 Profit
VISIShort Stock
$155 Profit
VISIShort Stock
$486 Profit
VISIShort Stock
-$473 Loss
VISIShort Stock
$69 Profit
VISILong Stock
$90 Profit
VISIShort Stock
$264 Profit
VISIShort Stock
$106 Profit
VISIShort Stock
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Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.