This page will follow my shorting trades that are placed with my E-Trade account. I'm taking the full transparency approach, so you will see all of the good and the bad. Feel free to contact me with questions.
Account: E-Trade
Starting Trade Capital: $200.00
Date Open: 03-04-15
Shares: 90
Enter: $0.9168
Date Closed: 03-05-15
Exit: $1.2501
Profit/Loss: +$30 []
Notes: This was a small lot size of a trade but by far my best executed trade thus far. Great entry after an alert. A plan in place of an 8% trailing stop, target of 10% to 12% unless momentum still there, then let it climb with the trailing stop. I was able to do that and when the momentum slowed I pulled the trigger going into the EOD for a great gain of 36.35%.
Trade #2: $PPCH
Promotion Trade, Momentum Trade, The Trading Ninja alert
Notes: I attempted to take advantage of the momentum left over from the prior day's 600% - 800% gains. Saw that the momentum was leveling out and decided to get out before losses. This stock was promoted prior by several promoters. Impressive to watch the huge climb on 03-10-15, some promotion traders banked some crazy gains!
Trade #3: $TPAC
Promotion Trade, Momentum Trade
.jpg)
Notes: Plan was to enter the pre-promotion with a 10% gain target. Momentum wasn't great but it looked like the spike would come on 03-17's open. Held for a swing trade and targeted the morning spike. It didn't materialize and I took the hit. Need to remember to stick with the plan and cut losses when it's not working. This was a STUPID trade and a major hit to the E-Trade account.
Trade #2: $PPCH
Promotion Trade, Momentum Trade, The Trading Ninja alert
Date Open: 03-11-15
Shares: 5,000
Enter: $0.0335
Date Closed: 03-11-15
Exit: $0.0344
Profit/Loss: +$4 []
Notes: I attempted to take advantage of the momentum left over from the prior day's 600% - 800% gains. Saw that the momentum was leveling out and decided to get out before losses. This stock was promoted prior by several promoters. Impressive to watch the huge climb on 03-10-15, some promotion traders banked some crazy gains!
Trade #3: $TPAC
Promotion Trade, Momentum Trade
Date Open: 03-16-15
Shares: 80,000
Enter: $0.0021
Date Closed: 03-17-15
Exit: $0.001
Profit/Loss: -$88 []
Notes: Plan was to enter the pre-promotion with a 10% gain target. Momentum wasn't great but it looked like the spike would come on 03-17's open. Held for a swing trade and targeted the morning spike. It didn't materialize and I took the hit. Need to remember to stick with the plan and cut losses when it's not working. This was a STUPID trade and a major hit to the E-Trade account.
No comments:
Post a Comment