-$1,049 Loss
GLYCShort Stock
Just plain STUPID. Remember that time when you jumped onto train tracks & got hit by a Train? No? Well I do & this trade was it. GLYC was the train & I had plenty of TIME to avoid it & somehow I just sat there & took it. I seriously can't believe it happened. For those unsure if I report my losses, well now you know. I would do my entry again except not on the single hottest stock in an unstable market. Tim warned of stocks like this right now too. No one to be mad @ other than myself. OUCH!
Newsletters:Pennystocking Silver
Broker:ETrade
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| Date | Price | |
|---|---|---|
| Entry | 5/18/2017 | 7.43 |
| Exit | 5/18/2017 | 10.892 |
- Total Views410
- Position Size300
- Percentage-46.59%
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1
TimeFliesBuyMay 19, 17 2:25 AM
@Nxmad yeah and it's now more than just a slogan ya know what I mean?
1
garthvaderMay 19, 17 2:51 AM
This would have been such a good S7, but pre market break out was at 7.25. Not enough range to fade considering short entry at 7.75 after the 2 hard crack candles. Profit zone should have been at 7.25 where major support broke out from. Dont worry I got squeezed way up in the 11's. Believe it or not we got squeezed for the same reasons. But I learned a very important lesson today and I think it could be applied to this trade forsure.
TimeFliesBuyMay 19, 17 3:01 AM
@garthvader indeed, I'm definitely a better trader for it, much better.
AngelTradesMay 19, 17 11:50 AM
As long as you learned from it! You can look back and say, "Damn, I'll never make that mistake again."
