0.100310.08
4.020000.0
Total Profits:
-$1,537.95
-$60 Loss
XGTILong Stock
Amanditulo

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.

00

Broker:ETrade
$585 Profit
MGTLong Stock
Amanditulo

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.

00

Broker:ETrade
-$548 Loss
XGTILong Stock
Amanditulo

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.

00

Broker:ETrade
-$71 Loss
SYNCLong Stock
Amanditulo

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.

00

Broker:ETrade
-$73 Loss
CCXIShort Stock
Amanditulo

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.

00

Broker:ETrade
-$48 Loss
RXIILong Stock
Amanditulo

In at 2.19; out at 2.14. Top performer in previous day but hasn't broken any previous breakouts. Should not have traded. Lesson Learned: for strong performers in previous day, better to wait and dip buy at solid support in next day. Also, don't trade < 500K daily volume.

00

Broker:ETrade
-$34 Loss
CROXLong Stock
Amanditulo

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.

00

Broker:ETrade
-$41 Loss
HNRGLong Stock
Amanditulo

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.

00

Broker:ETrade
-$46 Loss
CRNTLong Stock
Amanditulo

In at 1.4, out at 1.371. Top gainer for the day, and it beat earnings expectations. Was expecting a morning spike the next day, but it didn't happen. Got out quickly. The next day, it increased by 10% from purchase price. Lesson: Be patient on earnings winners.

00

Broker:ETrade
-$61 Loss
GSVLong Stock
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*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.