0.31523.87
155000
Total Profits:
($440.02)
($30) Loss
MTSLLong Stock
Heckson

Premarket gainer with positive earnings, playing the breakout, appeared to be a fake out. Few mistakes here, not a lot of volume, neither momentum, but I respected my risk and my plan. Loss bearable.

000

Heckson

Analysis : Tried 3 times to buy the dip, got slaughtered. Wrong Size, wrong timing, wrong state of mind, bad R/R, no plan. Not familiar with Tradezero platform, high fees. Terrible trade overall. Lesson : Don't touch OTC's anymore.

000

Broker:TradeZero
($70) Loss
OSNLong Stock
Heckson

Analysis: Premarket spiker didn't hold gains at opening. Set up was there, was caught in a fake out. Got in too early, should have waited for confirmation instead of guessing. Exit right at the bottom. Lessons : Need to trade more regularly to keep the habits and concentrate more

000

($72) Loss
RLGYLong Stock
Heckson

Analysis: A lot of mistakes on this trade. The stock didn't meet my criteria: Amazon news but big float, not very low price, wrong size, didn't respect my risk and didn't cut loss quickly. Ugly LTC + warrants. Got what I deserved. Lesson: It's ok to sell in weakness when risk is reached. Trade stocks that meet criteria.

000

($45) Loss
CODXLong Stock
Heckson

Analysis: Bought this stock in the accumulation period just after a weak open, waiting for a squeeze. Fluffy news, not ultra low float, irregular pattern, shouldn't have taken this one. Bad exit as the stock moved too fast. Lesson: Wait for the perfect set up and exit fast when stock is not squeezing.

000

($7) Loss
SOLYLong Stock
Heckson

Analysis : Wanted to try multiday breakout set up, looked good, held overnight and panicked in the morning. Not familiar with price action but very small position so tiny loss, no big deal. Lesson: Avoid multiday breakouts.

000

Broker:TradeZero
$147 Profit
CEILong Stock
Heckson

Analysis: Former spiker gapping up on news pre market. Very bad entry as I chased, bad exit as there was no sign of weakness, I just had fear to loose the gain. Cool gain but left a lot on the table. Lesson: Be sure to buy on accumulation signs, and get out only when there is a reason to. Fear is not a reason, hard pull backs come only after strong squeezes.

100

($15) Loss
RBZLong Stock
Heckson

Analysis: Dip bought this low float former runner thinking it would spike on news, the stock had a strong resistance around 4.40, buyers got tired and gave up resulting in a loss. Risk/Reward was ok, not big of a deal. Lesson: When weakness is felt, get out before it reaches the initial risk.

000

($22) Loss
ATAILong Stock
Heckson

Analysis : Bought this recent runner as soon as it passed the 3' level, it appeared to be a fake out. Entry and exit were not great but risk management was ok, loss is bearable. Lesson : Don't touch acquisition news + float >10M, and get out when stock doesn't break out convincingly.

000

($0) Loss
KERNLong Stock
Heckson

Trying 1st green day pattern, not used to the price action speed, got stopped out. Thinking process was right, trade management was wrong but risk/reward was ok so no big deal.

000

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*Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here.