When do u cut losses ? 0,17 cent?

Entry comments: Dip buying this big winner into an extreme selloff due to the overall market, possible PR overnight or tomorrow and possible gap up make this tough not to hold overnight, goal is to sell in the .20s
Exit comments: Tried selling all at the open into nice gap up, Etrade having issues, still a nice solid overnight gain so I'll take it, potential rebuy only into . big dip
Position Updates
- Jun 11, 20 3:44 PM: Bought 136000 at 0.177 - Dip buying this big winner into an extreme selloff due to the overall market, possible PR overnight or tomorrow and possible gap up make this tough not to hold overnight, goal is to sell in the .20s
- Jun 11, 20 3:57 PM: Sold 81000 at 0.217 - Trimming my position into the close since it bounced nicely into the close, long 55k overnight, good amount and a great day for me too, nearly $30k in profits today, video lesson coming after the market close
- Jun 12, 20 9:32 AM: Sold 55000 at 0.24 - Tried selling all at the open into nice gap up, Etrade having issues, still a nice solid overnight gain so I'll take it, potential rebuy only into . big dip
| Date | Price | |
|---|---|---|
| Entry | 6/11/2020 | 0.177 |
| Exit | 6/12/2020 | 0.2263 |
- Total Views1,437
- Position Size136,000
- Percentage27.85%
Oooohhhh man, I still have so much more to learn. This is a loss that has tought me a tough lesson. Wait for the pattern!!!! Congrats Tim.
Learning to add to or close parts of a trade is something I'm working on to get comfortable with. Thank you so much.
i took a small position in ssft didn't have time to alert in chat i was watching croocks webinar at the time. i tend to swing trades like that most need time to develop. i get interested when the stock is doing well when the market is falling like a rock the market makers do a good job of shaking everyone out look for the turn it was .1901 before heading back up i was slightly early .22 best of luck give it time
Thanks Tim!
I really liked seeing and hearing live. Thank you so much for teaching this way when you can. You're the best!!!!