$16 Profit
AXASLong Stock
LangeTheThird

This trade was a bit frustrating as I didn't get price I wanted (I was a hair too slow getting $1.34/$1.33), & because of the extreme resistance waiting for me at $1.39. Someone had an enormous sell order there, & the stock bounced up and down between $1.36 and $1.39 until it fell and faded for the rest of the day. Because the seller stubbornly left the order at $1.39 it was really good of me to cut my losses and get out before everyone else followed suit. At least I left the trade in the money.

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DatePrice
Entry5/5/20161.3599
Exit5/5/20161.3801
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  • Position Size1,800
  • Percentage1.49%
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