-$156 Loss
SCYXLong Stock

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.
Broker:TDAmeritrade
| Date | Price | |
|---|---|---|
| Entry | 8/18/2016 | 3.07 |
| Exit | 8/19/2016 | 2.6601 |
- Total Views139
- Position Size333
- Percentage-13.35%
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