November 27, 2018

Nice bit of gain today on my larger paper trading account. I shorted into a morning spike and waited till it fell back down. Definitely not the best play and realistically it looked like might be hard to barrow. For better profit could have added into second big spike as I’d been watching volume die down and noticed $7 was a safe exit to catch. I exited a bit early as it dropped to $6.80s I believe this dip, but excluding commissions would have cleared about $246 today on this. Waiting for the larger spikes $7.65-$7.80s would have been ideal then taking profit in $6.80s.