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This was a terrible trade no indicators on my side . Hoping it would break out and hoping is not a strategy . So I got out and I need to learn overall patience and have the indicators on my side. When I am going long because I am not good at morning spikes or longs .So I need to continually study is a fucking sucks. But If that's what I got to do to be profitable so be it.
I dip bought this first green day Because I thought this was a earnings winner so I thought it could go further on inspection this is up not due to earnings but pure hype from news with biden and cuomo and also traders hyping this shit stock up. Exit: I exited because this couldn't break the high and I rather take my safe profits . I learned how to be coward trader. But I am still learning how to trade the sykes way . Well this journey I still have long ways to go.
This is the exact idea of what not to do on a trade. I forced a trade ignore my rules and chased a spike this isn't even a pattern . I just wanted profits and greed took over. When it wasn't spiking and Did I mentioned I played it aggressive I did everything wrong and paid for it REMEMBER THIS TRADE
This stock had a perfect breakout chart nice cup and handle how I like but I ignore my rules and panic when it broke my stop at 5.60 and came backed and easily is now spiking up at 5.80ish after hours I got to be patient and this stock was tough. A tough intraday price action even tho the chart look ideal
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