ACHV Trade on Jan 24, 2018 09:39 from alext341: Tradervue User Stock Trades.

January 24, 2018 was the most disappointing day of my entire day trading career. I lost $1,754.19 and gave back nearly all of my progress since I started trading with real money again in December 2017.

My largest loss of the day being on ACHV that I took for half of my buying power on a curl back up over high of day after breaking out. The stock failed to make another leg up, and I hesitated to stop out. I lost $1,195.10 on this trade.

I had written in my post-market notes that the lesson here is to be more market-aware, but from looking at the point of entry on this trade, it is clear to me why this did not pan out the way I thought it would for a few reasons. The first is that I had bought this stock just near the 200 ema resistance level on the daily chart, and the second is that I bought the stock that was about 1 point over-extended above its 9 ema on the 5-minute chart. The 1-minute chart shows three green and strong consecutive long-bodied candles too.

I traded with the fear that I might miss out on the move higher as the stock had just become marginable over $3.00 with Suretrader, my broker. So that was part of the reason why I had gone in heavy.

I will share my other trades here on Tradervue, but I will not comment on them unless I believe they highlight significant points in my trading. Stay tuned.