Filters (0 applied)
Total Profits:
-$124.97
Got trapped in a fake breakout. Didn't cut losses quickly.
Overall market was negative. Allo was making a fake breakout. Learning to close positions when it's not strong enough or when it looks it's about to reverse.
I was trying to revenge trade. The stock was choppy and I got trapped buying at resistance area, thought it broke it. Should have used less size
Broker:Interactive Brokers
It had good news(Nasdaq filed that it had met requirement for listing), I got in around 10:15 am, it was already up 40%. it went over the key resistance level but it was a fake breakout and it broke down.
Entry could have been better. but I got trapped for over the weekend. I didn't have a clear strategy of swinging it before I entered
*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.
