timothysykes

-$185 loss GLBS Long Stock

Entry comments: I bought this hot shipper that's a sympathy play to DCIX which is spiking the most today, goal is to make 15-30%

Exit comments: This is not spiking in sympathy with DCIX so I cut losses fast, no biggie, my HMNY gains were still bigger than this small loss, never forget rule #1 from http://tim.ly/thebestrules cut losses quickly when wrong!

Received 5 Karmas
larkjr
larkjr Nov 17, 17 9:10 AM

Cut losses quickly. Thanks Tim

Combatiente
Combatiente Nov 17, 17 10:10 AM

Do you usually hold trades for just a few minutes?. How often you hold trades for hours or days?

MaxMillion
MaxMillion Nov 18, 17 2:47 AM

Hi tim, got a question for u, how do we detect when a sympathy play is not working? Do we have certain signs we can use to detect?

Join now or log in to leave a comment