Constantly been on the wrong side on this stock. So many mistakes, but as I sat and watched it for a while, I sort of paper traded in my mind a bit and made some great decisions I should have acted on. Would've made thousands. Great learning experience, but every stock moves differently, so learning has it's limitations.
Terrible trade. Was up about 500 briefly, then it tanked. Should have taken the gains. Really helped form some strategies though. Got stuck on the fact that there was good news and didn't play the chart. PLAY THE CHART! If look at chart, ask would I short or long this? Is this a bounce for further fall?
Again same thing part of the overall bad trade. Should've cut the loss and played mostly long-buy dips sell/short spikes. Such a frustrating trade. But I am getting the same lesson over and over. It'll sink in and I'll act one of these days. Actually minimized losses using this method later in the day. Missed many opportunities ON THIS STOCK just holding a loss.
Had to hold this for a while and let it come down to me. Not ideal at all. Should've taken small initial gain and could have then bought for short term gains as well. Strong stocks have small downward moves then sideways choppiness recently. All it takes is some little news to spike them again. Overall bad trade