-$200 Loss
DGLYLong Stock

I rode this long position straight down, like a real loser for .20. Thinking a patent on a breathalyzer that police use across the country was going to catapult the price. Instead it just took a dump. Long positions are tough. The crux of penny stock trading are long positions probably have a higher failure rate than short positions because these company's are shit. And of course, nobody has shares to short unless you're running a >25K account.
Newsletters:TimChallenge
Broker:ETrade
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| Date | Price | |
|---|---|---|
| Entry | 8/27/2019 | 1.30 |
| Exit | 8/27/2019 | 1.10 |
- Total Views118
- Position Size1,000
- Percentage-15.38%
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