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In at 0.1003, out at 0.95. This is a mistake. I was hoping this stock would have some volatility as it was due for earnings on this day. There was none. Also, I lost in my previous trade of this stock. LESSON LEARNED: Other than being cheap - which is not a reason for being stock - there were no price action, no chart patterns. Altogether, no good reason for buying. The only good thing was getting rid of this immediately.

In at .845, out twice, ave of 1.36. This could potentially have been a bigger gain as for the day, stock went up to 1.80ish. However, the exits I did were stop actions and it wasn't ideal. I also chased this stock and bought in again at 1.65 and 1.81. LESSON LEARNED: No chasing. Also, my exit could have been in the 1.40ish, but I didn't really have a plan. Going for best exit is not always a plan. It's not effective use of time, as it requires constant monitoring.

In at 0.126, out at 0.100 -- very tough loss. This very cheap stock was spiking 40-50% when I first got it; and I traded for a $100+ gain early. I had multiple chances to exit with a small gain; but kept on hoping for a newsletter that will spike which never happened. LESSON LEARNED: $10 gain is way better than $528 loss. Don't keep on hoping for a stock to increase when it never showed potential. This trade really hurt.

In at 3.42, out at 3.28. Stock was trending down for the day. Volume wasn't increasing. No indicator of spike-ability. It already spiked more than 200% in previous days due to earnings winner and contract winner. Lesson Learned: Follow price action. Check volume. Check any new catalyst. Gap-ups from previous day tend to go down.

My very first short. In at 4.32 and out at 4.53, for a stock that was hot on the day due to earnings report and press releases. Lesson Learned: Do NOT short a stock in the green. Only short stocks with at least one red day, or gap-ups from previous days. On the other hand, if I held this overnight, it would have been a 10% gain.

In at 10.08; out at 9.94. Bought this as top performer for the day, and also saw Tim's alert that it's a classic set-up as it's breaking multi-day resistance. Was supposed to sell in the following morning spike, which never happened. Got out to cut loss quickly. Best Practice: Indicators are not 100% accurate, but good job on cutting loss quickly.

In at 4.74, out at 4.66. Earnings winner announced on evening; was expecting to spike the day after, it didn't happen. Lesson Learned: Better to follow price action after earnings announcement. Also, do NOT trade volume less than 500K. >1mi is ideal. Highest volume was only 157K. Went up to 4.86 after 2 days of announcement. Impact of announcements can take 2 or 3 days.
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.