SIR Trade, (Short Into Resistance)
SIR Trade, (Short Into Resistance)
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Madbash Nov 27, 18 5:02 PM
It is hard to take profits sometimes, because you don't want it miss out on potential gains. It is a necessary habit though, as it assures you can stay profitable. I am doing my best to take at least a little off when things quickly go my way.
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Same mistake twice. Play small with these ultra volatile tickers.
Too impatient. FOMO. Revenge.
I was very reluctant to jump in on the Ticker of the Day, but there was a ton of volume on this low float. There was an offering @ 3.44, but that often fuels the short squeeze these days. Key lesson, play small on these speculative runners.
Low on the SSS.
Not the best set up for a short, but good experience with the NYSE. Ideal account growth for a days work.
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