0.74265.133
200.01500.0
Total Profits:
-$364.84
-$80 Loss
AMDALong Stock
ara_vardanyan

Bought AMDA after it showed signs of support at 1.10 and broke out, dipped, then rebounded. It went up to 1.4 on massive volume and I was up about $120 on my position when it started testing the 1.4 area. I was confident it would break it and reach at least 1.5 but I was incorrect and AMDA started dropping. I believed it was going to consolidate in 1.25-1.30 channel which it did but then it cracked instead of retesting the high. LESSON LEARNED: TAKE PROFITS!

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-$156 Loss
SCYXLong Stock
ara_vardanyan

Terrible, terrible trade. I chased the breakout and did not wait for the stock to show me any strength. I almost caught the top as it tanked. It held support through out the day at 2.9 so I thought it might perk back up into the close but it ended up fading and closing at 2.8. I held on, believing it would retest the highs the next day however it never got above 2.84. I yet again learned to never chase a stock and make sure it is showing me enough strength to buy on the dip.

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$47 Profit
EBIOLong Stock
ara_vardanyan

I bought into EBIO on the dip after it hit 5.3. I saw strength so i bought in risking off of r/g snap. Held on as it retested and 5.3 and broke through after second test. Took off at 5.47 because I thought 5.50 would be resistance. In the future if a stock is showing a lot of strength I should wait for it to show me it cant keep going before I get out as EBIO ended up topping out at 5.73.

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-$94 Loss
HTBXLong Stock
ara_vardanyan

I completely chased this stock on the 1.90 b/o. It topped out at 2.07 so I almost hit dead top. I learned my lesson to never chase a stock. Buying before the breakout and risking off of a certain level is much more safe because you never know when a breakout will be stuffed, especially when its so overextended. I learned an amazing 90 dollar lesson. This trade was great because it really helped me reevaluate my strategy.

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-$81 Loss
GEVOLong Stock
ara_vardanyan

This was my first trade ever. I accidentally made 2 orders to buy instead of 1 which added an extra $20 in commissions. By the time I got into the trade I was scrambling to get my level 2, times and sales tape up. I came into this trade unprepared and my emotions got the best of me. I failed to notice that GEVO had gone up to 0.82 pre market and the big move was already over. I had a chance to get out and make about 3 cents a share but I got too greedy. I ended up cutting my losses.

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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.