Account: TD Ameritrade
Starting Trade Capital: $500.00
Trade #1: $IBIO
Type: Momentum / Swing
Date in: 04-27-15
Shares: 100
Enter: $1.15
Date out: 04-27-15
Exit: $1.1144
Profit/Loss: -$4 []
Notes: Entered as a Momo play but found the chart correcting and it triggered my trailing stop.
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Trade #2: $IBIO
Type: Momentum / Swing
Date in: 04-27-15
Shares: 100
Enter: $1.1399
Date out: 04-28-15
Exit: $1.0299
Profit/Loss: -$11 []
Notes: Entered as a Momo play but found the chart correcting and it triggered my trailing stop.
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Trade #3: $IBIO
Type: Momentum / Swing
Date in: 05-01-15
Shares: 300
Enter: $0.9373
Date out: 10-22-15
Exit: $0.65
Profit/Loss: -$85 []
Notes: Attempted to re-enter thinking that the chart would move back up after consolidating for a little while. My biggest mistake was doing so without a trailing stop in place and then choosing to hold the bag. Losses are going to be nasty to the account when I dump this one.
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Trade #4: $VTL
Type: Momentum / Swing
Date in: 10-16-15
Shares: 10
Enter: $6.43
Date out: 10-21-15
Exit: $5.94
Profit/Loss: -$5 []
Notes: This could have and should have been a great momentum trade. Within the first hour I saw a nice 10% to 12% gain. But rather than take the profit and call it good I decided to hold over the weekend with my trailing stop in hopes that the ticker with breath a bit more and go higher after a pull back. Didn't happen and I was stopped out. Less here is don't hold over the weekend without coming news and get a 10% gain take a 10% gain. Ugh.
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