On track, but left way too much and sold way too early. I got busy with a few things luckily and let it fall back, but then wanted to take gains and run. As I am posting it is at $6.03 on its way back from the $5.80s, left a lot on the table as this one, but at least took a gain and didn’t take a loss.
Monday’s don’t seem to be my best, last Monday I lost a bit. Today I was down at so many points I was glad to be done. Had an initial good paper short on NBEV should have used bigger size on that one. Then things got messy ATOS looked like it might be topping out so I made an initial short at $1.68 and it bounced back up so I covered and went long, missed a quick small profit and it fell, added to position on the dip and then oversold to get short. Had a dip and I took it with no patience and just ready to be out. It did continue to fall and could have been beneficial to hold. All in all glad I didn’t go real money today. Still ended up with gains on my paper accounts for the day, but way too stressful of plays and not great ideas on ATOS.
| Trade Totals – Week of Nov 26-30 | |
| Date | P/L |
| 11/26/18 | -$5.20 |
| 11/27/18 | $273 |
| 11/28/18 | $155 |
| 11/29/18 | $280 |
| 11/30/18 | $130 |
| Total | $832.80 |
I am happy with my results this week, In thinking back over the paper trades this week as long as I stuck with my plans and stocks I was watching they turned out well. Monday I made a mistake and followed an alert, but cut the loss quickly and realized I should not have played it. Key stocks I watched and played paper with this week were $ANY, $ASNS, $ALQA, $OGEN, and $NBEV. $PURA was my Monday play they was following an alert while it had some movement I wasn’t watching for right entry and exits and simply made a mistake following an alert. Following that one I made sure and followed my own stocks and made my own plans the rest of the week. All in all happy with how it is progressing and really considering going real next week.
This could have gone bad fast, decided to make a play on NBEV. I had a tight risk of $4.60 and shorted at $4.56 took quick gain when it started to bottom and definitely wasn’t a bad idea. This one consolidated and decided to go for a bit of a run this afternoon. Took quick gain in paper, but not a recommended trade. Bigger and safer moves at the bottom where I covered as volume starts gathering before it moved into $4.70s. Should have reversed this position on my cover and held long a bit. Always a lesson and something to help me improve and grow.
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Covered my 1600 short shares at 3.86 this morning premarket, it actually fell into the 3.70s, but I had my cover order set at 3.86 and got filled before I even logged in this morning. Feel good on this had patience followed plan would be about $370 profits here without commissions.
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