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Entry: Saw TIMs alert, decided to jump on w/ a small pos, to get a feel after the ZAGG disappointment. Stock was up in the 4.30s and held o/n. Exit: Noticed the amnt of sellers in this failed b/o, decided to hold and added more to avg down. It kept dropping but I continued to add. Stock held support at 3.58 and I decided to add one last time to avg down. However, I did not add enough to avg down to the 3.60s. Sold @EOD wasting two trades on accidental trigger finger sell. Did not follow rules.

Shorted SUMR originally due to not having enough volume to take it higher. Was wrong at 2.52 so I purchased again at 2.68 to average it down to 2.60. Stock teetered around 2.60-2.70. When Tim bought shares, the stock jumped to 2.80-2.88. Was going to average down once more but did not. When Tim sold, the stock began to drop. Again stock teetered around 2.60-2.70. I decided to sell at 2.62 and a few seconds later the stock dropped down to 2.48. I decided to take a small loss. I should have held.

Came into the short too early at $48.1 instead of $51. Forgot to put a stop limit right away; the trade became an investment. Suretrader sold 20 shares the first day due to borrowing power and then another 20 shares on my behalf due to going over the overnight buying power. However, I nailed the price action after earnings. I would not recommend holding a stock into earnings.

Lessons learned: When using Suretrader as your broker make sure that your account allows you to trade pink sheets. An OTC account with Suretrader costs $15 dollars a month. I could not get out of this trade when it started to break down. I contacted customer service and they were able to activate my OTC trading. Luckily, the stock did not break down and I was able to get out for a small profit. I made a mistake in position size. Position size was supposed to be 20,000 shares.

I placed a trailing stop of .09 cents before the market closed but forgot to check the GTC box. The following day a gap up of +1 dollar ensued. Suretraders activeweb platform was having websocket issues not allowing me to access the account. Therefore, this caused a delay in selling the stock. Panicked, I chatted with the Suretrader representative and had them sell the stock on my behalf. A small gain nonetheless.
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.