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Cut losses, terrible trade, held too long, lessons learned

Posted: May 25, 1:51 PM
0/0/0

Cut losses, huge fail, held way to long, lessons learned

Posted: May 25, 1:50 PM
0/0/0

Entry comments: Bought on good earnings wanted to sell 0.45

Exit comments: Not a liquid stock sold on the bid

Posted: May 25, 12:31 PM
0/0/0

Bought MICT at 1.23 on a dip on a little delayed morning spike. Risk is 1.16. MICT had positive news of record backorders of 11.5m and it had a nice spike in reaction. Im buying on the first dip off the spike for continuation. Sold MICT to cut losses. It gave a lousy attempt to bounce but ultimately failed. Mainly from no volume. Bigger loss than I wanted but its bc my position size was too big. On to the next one!

Posted: May 25, 11:47 AM
0/0/0

Finally able to get out of this FB position. I knew it would go up, another small but noteworthy profit from this FB trading mania I've been sticking with

Posted: May 25, 11:33 AM/
0/0/0

Still playing with this one

Posted: May 25, 10:43 AM
1/0/0

In and out! this one bounced only a sliver after it's morning crash, I tried to execute my sell at .47 but my RBC account locked up so I had to log out and back in, by this time it dipped to .442 where I did get executed finally!

Posted: May 25, 11:21 AM/
0/0/0

Timing was right this time. Shorted 50 shares at 79.50 and another 50 at 79.90 when stock wasn't breaking 18 and in 90s on Stochastic. Stock came down very nicely. I covered 50 shares at 77, and tried to wait for crack of 76 for other 50, but it started to base, so I covered other 50 shares at 76.35. Very happy with this trade!

Posted: May 25, 11:18 AM/
1/0/0

First Win!! Unfortunately, have to hold 5000 shares until tomorrow due to the PDT rule

Posted: May 25, 11:08 AM
0/0/0

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