This was a dumb mistake. I was on the right track to short, and I was going in quick to take profits. I did not see my entry executed and got confused as to why things were not getting complete. I closed the trade and then noticed it went live at my entry limit order. I covered the trade thinking i made a few cents (.4) on this quick short. I covered while not realizing that it was still on my limit of $4.45. I did not change my exit to a market order. Lost $20.07 for E*trade trade fees.

Caught this move early pre-market and saw that it was failing due to 1Q loss and not winning on the news of their licensing deal to commercialize their "5aR Inhibitor CCX168 for orphan and rare diseases in major markets". I capitalized once I saw the quick consolidation at 3.50 and then jumped in to short. I got out quick (within 2 min) because you never know when these overall markets will flip this 2016 year. Should have held down to 3.00 at the end of the day, but this was a success! Study!

This trade was not a mistake for the day, but rather a bad execution price. I shorted the morning panic within 10 minutes of the market open. Seeing this pre-market fade and the overall market start red made me think that this stock would go under a lot more (which it did by the end of the day) but the overall market went R/G and there was a little squeeze of shorts in the morning after the panic. This was a good lesson. Losses are the building blocks for experience and future success.

I have been watching $CENX for a couple weeks and it double topped at 7.40 then dropped. I did not have this on my watch list for the day but the action made me watch and I thought it would triple top and crash. WRONG MOVE! I should have reminded myself that its an earnings winner. This was a dumb trade and a good lesson to remember!

I got scared that it was going to squeeze shorts and bounce. I did not want to risk a huge loss because it is an earnings winner. However, the technical analysis proves that I should have held and chased it for the day. Resistance at 7.20 from months ago. This was beautiful (end of day it was 6.10) and I wish I just held to push through the morning scare. These are valuable lessons and experiences that become engraved into my brain.

Followed Crooks alert in the chat room to short. Unfortunately I had bad wifi and i caught this when it was bouncing back up. This is just the beginning!

My entry has gotten better since my first couple of trades last week. I am happy with these losses because they give me experience and knowledge. I am determined to profit on big moves and make sure my entry to a position gets better. I caught the resistance level on this trade and was waiting for it to crack 6.00 because it came down off of the morning spike, but then it double topped. I was to scared to hold hours later for a gain @5.80. Never know when it will stop spiking. Live and learn!

First trading day ever. Under the PDT rule and already making the mistake of excercising all three available trades for the week. Also mistakes of adding to my position which counts as a trade. I learned from this loss and will be taking smaller positions with one trade a day from now on!