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I had poor timing on this long trade. The setup didn't trigger correctly and MFI was showing in reverse. This was a poor decision. Exit Decision: I exited the next day to give the trade some time to work and to avoid giving up a day trade. Note: Only trade the best setups with your system! (1st Month Trading Penny Stocks)

Bought & sold while testing the waters on low priced stocks (prior to Tim Sykes training). After many failed trading attempts w/E-mini S&P (ES) due to lack of consistent volatility among other things, I realized my auto trading system wasn't going to work on ES. I started testing the waters w/buying low priced DRYS since I bought this stock years back when it was low & sold prior to the big spike. I then realized that just because a stock is low, it doesn't make it a great entry point.

Bought & sold while testing the waters on low priced stocks (prior to Tim Sykes training). After many failed trading attempts w/E-mini S&P (ES) due to lack of consistent volatility among other things, I realized my auto trading system wasn't going to work on ES. I started testing the waters w/buying low priced DRYS since I bought this stock years back when it was low & sold prior to the big spike. I then realized that just because a stock is low, it doesn't make it a great entry point.
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.