I cant beat consolidation for nothing. Every time I purchase I end up holding and hoping because Im too chicken to cut losses in the beginning. It happened again today with SGBX. I had a plan to buy at the market open but then I changed my mind and to dip buy but it went up 10% like I thought it might have. I bought on the next dip but it went straight into consolidation. I was about to hold over the weekend but I cut my losses and sitting all in cash minus $70 but better than -$200. My last two losses I have been able to cut losses quicker.
I started a game for myself to help with my execution/exits but I dont think its going to work I need to focus on 10% ONLY! 10% is enough for now and forever. My next game: "10% for 10 trades." Whatever it takes to become better at trading Im in.