0.71550.375
8.0800.0
Total Profits:
-$324.70
-$82 Loss
RENShort Stock
Nik_Ivanchenko

Not a great idea to short REN. Fundamentally the company is trash, but technical analysis does not help. When it cracks another support, the crack is so small that it is better to buy breakdowns and sell breakouts with this stock.

000

Broker:ETrade
-$90 Loss
STAFLong Stock
Nik_Ivanchenko

I thought that I spotted an earnings winner because the financial results for fiscal 2016 are indeed better than for 2015, but the morning action clearly demonstrated that it's going down. In addition, STAF gained a lot before the earnings release and there was room to go down. Again, I am on the wrong side of the move.

000

Broker:ETrade
$35 Profit
LTRXShort Stock
Nik_Ivanchenko

The same idea as SSY. This stock was a little more active, but not enough upside, so I covered for a minor gain.

000

Broker:ETrade
-$40 Loss
SSYShort Stock
Nik_Ivanchenko

Tried to short a failed morning spike. I was looking for a morning fading, but SSY turned out to be too inactive. In addition, ETrade had issues and I did not know whether or not I exited.

000

Broker:ETrade
-$31 Loss
AEOLong Stock
Nik_Ivanchenko

Not a terrible idea since the earnings report was indeed solid. But all that matters is the reaction to earnings which was negative. I should have waited on the sidelines to see the market’s reaction. The upside was a little smaller than the downside from my entry price. Hence, the risk/reward was bad in this case. Next time, do not play stocks that gap down on earnings report – that’s a bad sign, these stocks rarely bounce back. And even if they do, it may take a lot of time.

000

Broker:ETrade
$6 Profit
AUPHLong Stock
Nik_Ivanchenko

It was a great idea with a great risk/reward, but the execution was terrible. There was a potential for a 15% gain, but my impatience and fear of losing are my main enemies right now. And it was a slow breakout, which means that patience was critical with this play.

000

-$13 Loss
OBCILong Stock
Nik_Ivanchenko

I tried to predict an afternoon run up, but it didn't happen. I followed my plan in terms of exiting right at my risk. But I this is the trade I should have avoided because I had conflicting indictors: nice price action, but this stock almost never held its gains. So it's a good idea to buy a stock that consolidates near the breakout level, but I should choose stocks to play more carefully.

000

Broker:ETrade
-$5 Loss
RUNLong Stock
Nik_Ivanchenko

Bought RUN in the afternoon; I was looking for a strong close, but RUN's run was very short, so I exited with a small loss.

000

$30 Profit
TPICLong Stock
Nik_Ivanchenko

This is a recent IPO which reported good earnings and a contract extension and expansion on Wednesday evening. Even though this is not the most volatile/liquid stock out there, but the gap up seemed to be very predictable. I expected a breakout of 16, which happened at market open, but there was no continuation. I wanted to sell in high 16s, but had to lower my goals. Certainly, I missed about 10-20 cents a share, but it is nice to have these predictable plays and be able to profit from them.

000

Broker:ETrade
-$14 Loss
CLNELong Stock
Nik_Ivanchenko

I sort of chased CLNE. It was a major % gainer in a/h on Tuesday, and it made a new high this morning, so I decided to dip buy CLNE. But my plan was flawed because (1) I was entering pre-market, (2) I was playing mid-range, and (3) I didn't take into account its history of morning panics. In addition, CLNE is not a low floater and has no history of spiking. I forced this trade. This morning is one of those when it is better to stay out of the market, or be short-biased.

000

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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.