1.0879.18
82.0500.0
Total Profits:
$123.80
$102 Profit
WMLPShort Stock
Ferpsanta

Entry: Big morning spiker (+100%), no news, low float, first reversion was supported around 4.00. With no volume and testing the 3.9X was clear for me that the breakdown was quite profitable. As soon as I saw it break I managed to enter short in 3.75/share. Exit: following close, as soon as the short volume disappeared, I closed my trade in 3.17/share for an acceptable +.58/share (+15.50%). Lesson: I could have only closed half of the shares and continue the run for a bigger dip.

000

-$16 Loss
TCSLong Stock
Ferpsanta

Entry: Late, I should have entered far earlier, I bought during a pullback expecting the continue of the run (1st error). Exit: I let it run for a while planning cut losses under the resistance in 9.00, It only broke it once but I closed to early (8.99) giving losses of -0.19/share. Lesson: Never chase the market and don't set your mental loses that tight It could have been profitable.

000

$37 Profit
ABIOShort Stock
Ferpsanta

Entry: Short entry after the rupture of the first 50m minimun. The idea was to let it follow the descending price channel with an objective of +.15/sh. Exit: Given the low volume and the rupture of the channel I decided to take earnings ending with a +.074/sh. Lesson: What I learn is that I should have leave it test the resistance in 1.00 one last time before selling the trend was in that direction and in this particular case it would have worked, otherwise I could have bought in 1.1X.

000

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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.