-$138 Loss
FRLFLong Stock

Entry comments: My first OTC trade. Buying this on afternoon on consolidaton/cup&handle -pattern, after strong drive on Open with volume, retrace down and now back up. Expecting this to break highs on the Close. News catalyst from the morning (company exceeds revenue guidance by 47%).
Exit comments: Stock tanks even though very clear buyer 0.30’s. Down move feels like over reaction and I cannot get out. Got now caught overnight. I broke rule number one, cut losses quickly. I should have just hit it no matter what price, after the buyer dropped. This was now very important lesson.
Broker:SureTrader
| Date | Price | |
|---|---|---|
| Entry | 11/1/2018 | 0.315 |
| Exit | 11/1/2018 | 0.26 |
- Total Views100
- Position Size2,500
- Percentage-17.46%
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