Entry: Saw breakout above $1.30. Set purchase price at $1.29. Mental stop loss set at $1.20 ($0.10/per share). Exit: Set profit target at $1.40 and had limit order for that price. Missed $1.77 high. Notes: Entry execution was good. Exit execution is a significant opportunity.
Entry: $1.60 on 11/19. AXPW looked like it was breaking out. This was an after hours "Painting of the Tape". Averaged down on 11/24 with $.95/share buy. The target catalyst was the NASDAQ delisting on Feb 22nd for both. Exit: After early NASDAQ delisting cut losses way to late. Still learning, still motivated and not afraid to loose everything provided it is one set of $2,000-$20,000.
Entry: In at $9.06, that was $0.38 off of the TIM Alert at $8.68. This was a clear breakout and Credit Suisse had a price target of $10.00. With the $125 million contract, $75 million in revenue and about $0.84 EPS coming for the 4th quarter, this looked like a clear breakout for an earnings winner. Exit: Thought about getting out at $9.50 but held for the $10 price target. Tim's video lesson pointing out the $7.23 support level made me think twice about holding.
Entry: VG was an earnings winner with a clear breakout. A market order was placed at the open in anticipation of a morning spike. Never again. Exit: Waited a day for a possible return above $7.00. Almost exited at $7.20 but my price target was $7.50. The price target was wrong and it cost $127 of capital. Note: This was market tuition. Do not place market orders at open in anticipation for a morning spike.
Entry: TIM Alerts Price at $6.76, I was $0.07 off of the entry and need to improve entry execution on TIM Alerts. This was an earnings winner because Adjusted EBITA increased by 10% from last year. Exit: TIM Alerts exit at $6.75, my exit was at an inexcusable $6.61 or $0.14 off of TIM Alert exit. Tim noted that the stock was not breaking out and cut losses quick. The chart at $6.61 seemed to confirm that. The run-up to $8.12 was missed and I should have kept my limit order to sell at $7.50.
Entry: On Tims watchlist as the beginning stages of a pump and dump. Had a stop loss set at .63 that did not trigger on 11/2. Initial price target of $1.07 from pre-split price. Exit: Initial sell order set at $1.07, price topped off at .88 and looked like .87 was the best deal available. Note: This was not an ideal trade. The stock was picked due to volatility and a perceived .72 support level.