Worst trade in a long time due to stubbornness. I wanted to buy this stock in the $2s but I did not, and it kept spiking further, so I decided to chase it. It spike a little then started to fail back down. I decided to hold and hope instead of cutting the loss, so I took a $60+ loss on this trade. Need to stay disciplined, as these stocks move fast. Good lesson on what not to do.
I chased it, terrible chart, made a mistake getting in it. I thought could retest prior resistance 4.60 on 101509. 3.70 was resitance on 4810. Too many pops and fades. No news. Not A+ setup, need to be more patient. Cut losses quickly, eventually it faded to 1. Small loss is ok.
not so good. I should not have sold. I was expecting a pop then fade and it popped and popped some more.
p/m bought 10 shares @ 7:58 am @ 2.07 with .07 risk sold @ 8:02 am @ 2.01 Was wrong thinking I was getting in on a bounce sold as soon as it hit my stop loss. p/m B/O buy bought 5 shares @ 9:04 am @ 2.13 with .13 risk sold @ 9:09 am @ 2.27 Bounced from the low where I previously had traded. Seems I cut another winner too soon continued to run into the high 2.30’s
p/m B/O bought 5 shares @ 9:16 am @ 2.37 with .10 risk sold @ 9:21 am @ 2.27 stubborn headed I just had to chase after a previous trade with a small gain now turned to loss again
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
