$155 Profit
LOGGShort Stock
Vexla

Entry comments: Tiny position on low priced OTC stock. LOGG spiked form 10 cents up to 30 cents in just 2 days. Consolidation, but it couldn't breakout 0.3$. Today was a first real red day when it closed lower than yesetrdays close, and the volume is much lower than on spiking days. Still trading scared these low floaters with lower volume, but there's a possibillity of a morning panic, so I took initial position just at the close when I saw it will finnish red for the first time.

Exit comments: GREAT TRADE. Probably first time that I feel I played it right in & out. Great entry when I saw it would finnish first time red, and than morning panic, but I stayed calm, and I had my roughly 20-25% win in mind. Kept watching L2, no panic, and lowered my bid few times according to L2 strenght of the ask. probably my best trade so far although not nearly the most profitable in $.

100

DatePrice
Entry2/23/20160.2755
Exit2/24/20160.205
  • Total Views147
  • Position Size2,200
  • Percentage25.59%
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