IRIS Recommendation - sold for small gain
Entry comments: Buying on the way down trying to bring my cost down. Hoping for the stock to go up, so I can exit the trade without loss and hopefully making profit.
Exit comments: Cutting losses quickly. I should not have gotten in the trade at the first place.
Entry comments: Trying to bring my cost down by buying on the way down.
Exit comments: The price kept going down. Lesson learned: It's bad to buy on the way down hoping for the price to go up.
Entry comments: Maybe it will go up.
Exit comments: I was hoping for the stock to go up, but it kept going down, so I cut my losses quickly.
Entry comments: Nuvista Energy was trading low, so I bought some.
Exit comments: Fearing the worst, I decided to go out of the trade.
Nuvista Energy (NVA) - Position: 7,000 - Entry: $3.00 CAD on May 28th 2021 - Exit: $2.78 CAD on June 8th 2021. Comment: I did not realize how volatile this stock is. It oscillates when it goes up. It oscillates when it goes down.
Nuvista Energy (NVA) - Position: 1847 - Entry: $2.36025 CAD on March 8th 2021 - Exit: $2.67 on March 15th 2021
Nuvista Energy (NVA) - Position: 274 - Entry: $1.46 CAD on Feb. 9, 2021 - Exit: $2.29 CAD on March 4, 2021. The oil industry was raising from the dead.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
