0.19421.4
25.02620.0
Total Profits:
-$567.85
-$21 Loss
LGORFLong Stock
jungem05

Entry: Stock is a high float OTC up on earnings near a multi-week resistance at 2.05. Bought in at the confirmed B/O at 2.09 Exit: Stock is moving sideways hovering just above the 2.05 support. This could be a fakeout breakout as well. Not enough price action for me so I covered for very little loss. Follow-up: The stock did rise to 2.20 a few minutes later but not enough volatility. It ended up going sideways most of the day, 2.05 is confirmed as new support but no upwards price action.

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-$35 Loss
RASLong Stock
jungem05

Entry: Finally broke out of consolidation from market open. As it is still a #6 pattern, still looking for a good % gain. Exit: Another fakeout b/o. Didn't want to risk another consolidation at $0.2 as I already took a loss from this stock today. End of Day Update: My original thought was completely right about this stock. Should've took a bit more pain as 0.2067 - 0.2071 turned into support. On these choppy stocks, I need to learn to take more pain as I am usually right and could make profit.

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-$25 Loss
RASLong Stock
jungem05

Entry: Bought in on morning spike, yesterday was first green day so a #6 pattern. With the stock being down 60% in 3 weeks, I'm looking for 20% gain. Exit: Morning spike didn't pan out. It dropped 5% and then quickly consolidated. Most likely a fake-out breakout, I'm selling before the panic. End of Day Update: My first thought was right. It was just a delayed breakout. stock rose almost 50% up to $0.27/share.

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-$49 Loss
LFINLong Stock
jungem05

Entry: Great momentum all day. A bit disappointed I saw this first when it was at 18 and didn't pull the trigger. Now that it's still going up, I'll pull the trigger. Before the beatdown the stock was consolidating at $35 so alot of upside if the volume stays. Exit: Should've got out when it broke 21 but was greedy and waited until it broke 20 but regained strength. I could've lost much more as it dropped to 18 later in the day.

1
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-$27 Loss
SSCLong Stock
jungem05

Entry: Tried entering again as I sold too early earlier in the day. I still saw strong resistance mark at $3.40 and with reported earnings and yesterday's run up. Exit: Must've entered into consolidation, wanted to wait it out. Sold after consolidation support broke at 3.06. Was not going to wait it out any further. I feel terrible as this way my 2nd loss on the same stock in a single day. Need to figure out what I'm doing. I don't wait through pain, and it rises. I take some pain and it drops

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-$24 Loss
SSCLong Stock
jungem05

Entry Comments: 2nd day reporting earnings. A bit choppy today bought in a mid dip. Expecting NHTD with some minor resistance at 3.00. Then major resistance at 3.40. Since it's an earnings winner it should have no issue breaking resistance. Exit Comments: Must've got the top of the choppiness. Sold to cut losses quickly. Should've took some pain though, it went up $0.2/share which would've been good profit.

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-$51 Loss
EVEPLong Stock
jungem05

Entry: Bought in on morning spike. Saw resistance at 0.23 so 0.03 - 0.04 per share gain. Do not expect it to go above 0.23 so hard stop. Exit: Spike quickly turned into morning panic. Sold to cut losses quickly. Wish I had taken some pain though. Stock ended up $0.01 per share gain. I just can't seem to understand or deal with choppy stocks. I tend to buy in at the high and sell at the low.

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-$54 Loss
SGMDLong Stock
jungem05

Entry: Going to try an overnight trade again. I know I got burned twice this morning but it's worth 1 more shot. It's starting to look like a potential supper nova. Up 20% on the day and had 5 previous green days. Hoping for 0.03 - 0.04 per share. Exit: Another morning panic. I'm really getting burned on these overnight trades. My only guess is that these stocks are following the overall market which is turning into bearish or consolidation and not growing everyday,

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-$27 Loss
ACRXLong Stock
jungem05

Entry: Gained 14% today when news broke of FDA approval. It's a contract winner up near 5 month highs. Had a huge fall 6 months ago so this could be the bounce back. Going to hold overnight expecting a gap up in the morning. Exit: Delayed morning panic. Sold to cut losses quickly. Didn't know where it was going. I'm really upset here. This was a big contract winner with a nice day spike. In the bull market last year contract winners ran for multiple days so I banking on this to happen again.

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-$28 Loss
AKERLong Stock
jungem05

Entry: Contract winner up near 6 months highs with a tendency to spike. Holding over night to sell into the morning spike. Hoping for $0.1 - $0.2 a share gain. Exit: Missed the morning panic, since I was playing ACRX panic at the same time. Got out to cut losses quickly. Good thing I did, it panic'd again shortly after. I'm really upset now. 2 contract winners had morning panics and only had daily gains. Must be a sign of the overall shift in the mark to bearish.

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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.