-$300 Loss
SKLNLong Stock
Bruce23

understood timothysykes alert wrong today.... :-( because of his open long position from Friday with SKLN...and talking about to go long. )-: and his..go short stories talking.. on his watch list from Friday and potential dip buying opportunities..was comply confused and got long instead of short... so that snow me.. don't liste to any one.

2
000

DatePrice
Entry9/18/20160.2072
Exit9/19/20160.1772
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  • Position Size10,000
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Escarface
EscarfaceSep 19, 16 8:26 PM

You got in a bit high. SKLN has not been able to stay above .20. .20 act as the resistance. Dip buying SKLN is when it goes below .18 (preferably .16). Buy .16 - .18 sell at .20+ It has been following this trend for the past few weeks.

Dillon_107
Dillon_107Sep 20, 16 9:25 AM

Dang man you got the worst of this trade, but more importantly you need to learn something from it. $300 isn't a terrible loss, and it wont put you out of the game. Just remember to always learn from your mistakes and cut losses quickly. Its like hitting a bee hive, once you get stung you wont do it again.

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