-$18 Loss
GDEELong Stock
MajorProducer

A blatant pump and dump, didn't spike at market open. So I got out later than I would have liked. $2.08 was the LOD and went on to spike to $2.30 in the following 10 minutes. I could have held for a profitable trade but cut my losses. The stock reach a HOD of $2.61 at 3:30pm. The lesson here was wait for the uptick or cut losses quicker and watch for the LOD instead.

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DatePrice
Entry7/12/20162.16
Exit7/12/20162.08
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