-$470 Loss
SAEXLong Stock

Poor risk/reward management. But also poor execution. I got into the stock at the support level, hoping it would give me a run back up. The stock had ran up 100% and was holding in the 80% area. So the pattern looked good. And at the time, even my entry was good. But it dropped too quickly for me to get out without taking a major hit. Again, it later came back and I had about $100 profit before it dropped again. Should have sold seeing the weak price action. I also experienced poor liquidity.
Newsletters:TimAlerts
Broker:ThinkOrSwim
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| Date | Price | |
|---|---|---|
| Entry | 7/1/2016 | 0.2299 |
| Exit | 7/1/2016 | 0.2064 |
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