Holdmytexan

Frustrating day today to say the least. Saw the weakness in $NIO and bought the put options and then got scared out mid day with the spike that went to previous closing mark. Coulda, shoulda, woulda bought back in later but was unsure because of that spike only to be proven right on my thesis in after hours when they announced an offering dropping the price more than a dollar per share. Good news is I learned I need to be a bit more patient with my entry and maybe give these over extended stocks another look later in the day after I decide to cut losses. The loss on a potential huge winner stings not as bad as letting the loss continue to run against me as I have done in the past. It's all part of the journey I guess and I'm paying my dues.

Join now or log in to leave a comment