Colbster9421

$126 profit --- XNPT --- Short Stock by Colbster9421 DAMN. I had an order in on this for $4.75. No joke. Didn't get executed cause I removed it before it could hit it because I thought it might go higher and I wanted to make sure I wasn't going to get screwed on a stock with no news. Turns out it was earnings day later in the day for the company and I'm pretty sure people ran it up because the CEO was replaced. Considered shorting at $4.60, $4.50, $4.40 and $4.30.. It dropped to $4.20 and I waited for the bounce to $4.30-4.40 so it was overextended. It didn't happen, but I still got a short position in before it dropped to $4.03. Covered perfectly. RIGHT after, it climbed to $4.35ish. Would have been a $700 day if I shorted where I had my original order, and got out at the price I did get out at! Awesome trade. So thankful!

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Colbster9421

Should have locked in my $100 gains!!!! DAMN GREED.

ProfitSnatcher
ProfitSnatcher Apr 30, 16 1:15 PM

Look at your profit chart. Then like at mine. It's the same pattern. Forget the size of accounts. You know why they look the same? Because we are greedy and we lock in profits. There is always another trade as long as the strategy and rules are sound. Hope that helps.

Colbster9421
Colbster9421 Apr 30, 16 3:00 PM

It is pretty much the exact same! Crazy! I have quite a few unrealized losses however though or else I would be a hell of a lot lower... I'm holding till I can make more realized this year so that I can sell my unrealized losses to negate it for tax purposes. That way I can be back to square one and start trading with a larger account with no unrealized losses! Just gotta fine tune my strategy! :)

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Colbster9421

@Colbster9421 welcomes you to their trader wall!

Colbster9421
Colbster9421 Apr 05, 14 6:49 PM

It says I‘m $1,653.24 in profit but I‘m not. Look at how many trades I have and times that by about $10. Because it wont let me verify with Tradeking it is not letting me show my commission charges, so right about now I'm breakeven.

dancesnitch
dancesnitch Apr 14, 14 7:52 PM

So you're actual profit is $1430?

Colbster9421
Colbster9421 Oct 16, 14 10:57 AM

Now my Realized Profit is at $3000+

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