0.018825.6
5200000
Total Profits:
$3,518.10
$40 Profit
ATAIShort Stock
Lorenzo14

Tried for the dead cat bounce, but stock did not drop, eventually recovered like it did the day before as I outlined in my plan to be careful about that. Stock only had 2 big up days before coming down, bouncing and then crashing again. Entry was meh, must better in the 2.90 area as that the key support, chased weakness a little bit. Did not gap down p/m which was a good indicator to cut it as well

000

Broker:ETrade
Lorenzo14

OTCs getting hot, blowout volume basically a fresh chart, yesterday was FGD, today I wanted to get in on a dip for the rip into close riding the volume, idea was good but the risk was not clearly defined on the chart, .048 area was not meaningful - must choose key support

000

Broker:ETrade
($8) Loss
PRPOLong Stock
Lorenzo14

Scratch, got in on a dip, a tiny bit late but position was small so that's ok, and sold because I saw Croock sell, instead of respecting my risk and plan, I sold as well before seeing it rip 10 mins later. Straight out of Roland playbook, dip buying the second green day for a test of HoD, but r/r was off due to late entry

000

Broker:ETrade
($350) Loss
CVMShort Stock
Lorenzo14

Average between IB and Etrade, first red day, chased weakness a little and then added when it bounced late day before closing very weak. No panic in the morning, instead ripped right through close, exited at risk level Played too big, must stop trading %gain for size, better to have lower size and lower losses on potentially more rewarding trades %wise

000

Broker:ETrade
Lorenzo14

FGD - Revenge trade - Saw this one spiking without me on the back of bitcoin breaking out, I exited BTSC to get in on this one before seeing bitcoin tank after hours. FUCK UP - I deserve the loss, way too big of a losing day, at least I did not hold and hope, I cut it. I would have lost three times as much had I held till the morning.

000

Broker:ETrade
Lorenzo14

FGD - Bitcoin breaking out and btc related stocks getting volume, wanted to get on the wave but no dice, too big of a position size. DID not plan it on evernote beforehand, nor was I in a good position to follow it, poorly planned and poorly managed, at least I cut it instead of taking it overnight, would have been a massive loss otherwise.

000

Broker:ETrade
Lorenzo14

Tried the bounce short after the big bounce, no dice, entry was a little far from the risk, pretty big loss, must get better entries and stop being afraid of cutting right after i enter if risk breaks, rather be thankful I am cutting because the risk would have ended up breaking anyway, I must get to that change in mindset

000

Lorenzo14

Entry comments: Did not think IB could locate shares, it did, shorting this blatant pump that just does not want to crash on its FRD, with a hit piece that came out at 330 pm, goal is to cover into morning panic tomorrow. Risk is entry, if it does not clearly gap down on lvl 2 p/m in the morning I am out

Exit comments: Best trade to date, had to battle with IB to get out on the phone, but still, perfect FRD helped by the caveat emptor PR that crushed the stock

1
100

($80) Loss
ZYNEShort Stock
Lorenzo14

First red day, chased weakness a bit, but respected my risk at least. Getting the hang of this pattern, should have shorted when it cracked sideways price action at round number of 9, that was the key point.

000

Lorenzo14

Nasdaq multi-year breakout with a stock that has a history of running multiple days in a row, unfortunately it did not gap up and with the overall markets being so shaky, I got out. Should have gotten out as soon as I saw no positive p/m action, good lesson for next trade.

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.