
9th Trade: I bought this stock on the news with its partnership with Facebook, and on the dip buy of it spiking another .80 or more. Unfortunately I was wrong, again, I bought 300 shares of $MCHX @ $3.21 (9:44am 2/9/2017) and then sold 100 shares @ $3.05 (12:50pm 2/9/2017), and then sold 200 shares (9:45am 2/10/2017) @ $2.87. with a total of an -$84 loss. Lesson Learned: News means very little - price action is the primary indicator within the trade.
Newsletters:TimChallenge
Broker:ThinkOrSwim
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| Date | Price | |
|---|---|---|
| Entry | 2/9/2017 | 3.21 |
| Exit | 2/10/2017 | 2.93 |
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