0.1382297.91
2.020000.0
Total Profits:
$3,645.59
-$54 Loss
IMGNShort Stock
TimHowe

Tried to short this one after a big gap-down and morning sell off. Sold short into a bounce but the next bounce went higher so I covered at my risk level. This one never really cracked again. It just ground its way higher and leveled off for the rest of the day probably due to the low volume before the holiday weekend.

00

TimHowe

Saw this as an OTC breakout and held for a few days because it kept running and running. Got out just in time. Good lesson in how quickly an OTC runner can break down because it cracked hard the day after I sold.

00

-$20 Loss
MGTILong Stock
TimHowe

Tried to dip buy this one without considering my earlier assessment of the big picture, which was that this stock was ready to crack. The good thing about this trade was that I held to my risk level and cut out early. Good thing too because this one did crack, hard, right after I sold. Good lesson in cutting losses early, having a plan and sticking to your risk level.

00

-$32 Loss
VRAShort Stock
TimHowe

Tried to short this one without really looking at the big picture. Impulse trade. Cut out at risk level, tried to get out earlier but had trouble getting an execution on my cover.

00

$44 Profit
ADMSLong Stock
TimHowe

Was hoping for a morning spike but it all happened in the pre-market. Small gain. Should have bought in at the end of market the day before because of the impending good news (FDA approval) and then sold in the morning.

00

-$138 Loss
JMEIShort Stock
TimHowe

I thought this stock was looking weak but I waited too long and it went down before I could put in a short order. Then I tried to buy into a perk but it failed to come back down so I was forced to cover once my risk level was reached. The good thing was that I stayed disciplined and exited once my risk level was breached.

00

-$40 Loss
ARCILong Stock
TimHowe

Bought at the close and held overnight in anticipation of a gap-up. The gap-up happened as expected but I tried to use Booktrader one-button-trade for the first time ever to sell into the spike and couldn't get it to work correctly. While trying to figure it out, the stock panicked and I ended up selling at the bottom of the panic. Very frustrating loss due to technical difficulties and not realizing that a morning panic could set in so quickly.

00

$7 Profit
MRNSShort Stock
TimHowe

Stock went sideways on me and just grinded away. No volatility, can't remember if the volume was low too, I think it was.

00

$60 Profit
JMEIShort Stock
TimHowe

Stock really wasn't as volatile as I thought it was.

10

-$349 Loss
DCTHLong Stock
TimHowe

I went long immediately after getting out earlier because I thought there would be a bounce. Instead it turned into a morning panic and I panicked by getting out near the bottom of it. I should have known this was an over-extended stock and went short into the morning spike as I was originally thinking. Instead, I went long into the morning spike and tried to predict the bounce before it started.

00

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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.

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.