Overall I liked most of what I did on this trade. I am not in love with the entry but this was NOT the play to risk LOD or give it a long leash. Once I saw that resistance and I decided that I wanted out. In a better market that would not be the best play to make but in this market where MOGs have not been appearing that is the best move for me to make. Rules I did well On: 2,3,4,6,7,10,11 Rules to Improve On: Rule #4
-$434 Loss
PFINLong Stock
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Broker:ETrade
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$1,050 Profit
PFINShort Stock
Just happened to catch this one! No news on why it was up on the day, thus my approach was to ride this down. Scary part, this was a low floater, so I didn't want to expose much as these can run with long volume! Fortunately, it dropped $1 quickly to allow for a quick exit.
-$1,448 Loss
PFINLong Stock
$611 Profit
PFINShort Stock
$2,005 Profit
PFINShort Stock
*Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here.
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.
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.
