0.002813.85
1652200200
Total Profits:
$3,641.58
($4) Loss
NXTTFLong Stock
gavinluke

Scratch trade on an OTC that I only got a partial fill on that I was right about, but since I got a small position, I ended up losing due to commissions - lol. The market these past few weeks have been rough for longs and OTC's have been pretty dormant. I'm being extra careful right now and taking much smaller positions.

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gavinluke

Scratch trade on an OTC breakout that ended up failing - got out virtually breakeven

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($227) Loss
MBRXShort Stock
gavinluke

Stupid trade here - tried shorting a low-percentage gapper as it was breaking down that ended up being a short trap and reversed. I stopped out about 2-3% higher than I wanted due to being unsure and I paid the price. I will not be shorting listed stocks until I study a lot more and get a CP account, I just don't have enough edge yet.

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$62 Profit
IRNCLong Stock
gavinluke

I dip bought this OTC morning panic after it slowed down and consolidated around 0.035 and I sold around into a quick pop. I decided to re-enter after it looked like it was going to spike more, but I ended up being wrong and I cut losses quickly for an overall small gain.

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gavinluke

I dip bought this strong OTC spiker on it's 1st green day as it faded/retraced back to a key breakout/support level and bounced off that level. Goal was to sell into an EOD uptrend or spike. I ended selling into a spike that followed right after I got in and I took profits. Solid gain here after 2 weeks of no trades!

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$15 Profit
FNMALong Stock
gavinluke

Scratch - basically breakeven trade on $FNMA that I decided I wanted out on because I didn't like the price action

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gavinluke

I dip bought this OTC spiker on the D of the ABCD pattern on its 1st green day with considerable volume. The goal was to sell into an EOD uptrend or spike, but I ended up cutting my losses as the volume faded and the stock followed suit and cracked support. I got caught up in some illiquid OTC slippage and took another 2-3 % of a loss than I wanted.

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($21) Loss
SEELShort Stock
gavinluke

Scratch trade getting used to executing short orders with E*TRADE - starting to learn a little bit about the dark side of trading - lol

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($45) Loss
SHMPLong Stock
gavinluke

Speculative ABCD pattern dip buy on a former supernova with a huge volume spike. Goal was to sell into a high of day rip or hold overnight for a gap up and morning spike. I ended up cutting my losses as the volume immediately faded after I bought and it broke a key support level I thought it would hold.

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gavinluke

I dip bought this 1st green day hot bio-tech at the end of the day with the goal of selling into a short squeeze into the close. Bio-techs are running hard this week and all of them have been squeezing into the close. I ended up cutting my losses quickly, thank God, because the stock tanked into the close. It's been a while since I've seen an afternoon panic like this one. You have to protect yourself - cut losses quickly!

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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.