-$156 Loss
SCYXLong Stock
ara_vardanyan

Terrible, terrible trade. I chased the breakout and did not wait for the stock to show me any strength. I almost caught the top as it tanked. It held support through out the day at 2.9 so I thought it might perk back up into the close but it ended up fading and closing at 2.8. I held on, believing it would retest the highs the next day however it never got above 2.84. I yet again learned to never chase a stock and make sure it is showing me enough strength to buy on the dip.

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DatePrice
Entry8/18/20163.07
Exit8/19/20162.6601
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