BGI. looks possible morning spike but I would be more comfortable if my buy was @ 1.70.
AUPH has risen due to optimism, but I would not buy into stock that rose so fast. It has healthy spikes but...
@Settler AUPH would have been decent for a morning spike but BIOS was only good if you held o/n
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It doesn't really spike on its own; it's all proportional. So if you had 1000 shares worth $0.30 each and they did a 10-1 split, you now have 100 shares worth $3 each. So while the prices appears to have "skyrockted" $2.70, in reality your shares are worth exactly the same; it's all proportional.
Though what some companies who are on the verge of delisitng or bankruptcy will do is do a reverse split (to get their share price up), then pump their stock with news (to bring in more investors/bagholders), then do a dilution to raise a bunch more money real quick. So if there's a company that's on the verge of delisting or bankruptcy that just did a reverse split, look for possible news and ride that wave (BUT DONT HOLD ON OR YOU'LL BE SCREWED WITH DILUTION)
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That happens. When it does, take a step back. Don't trade. There will be plays every single day. I missed my share like that too.
You should have broker on call, for accidental misfirings...
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NUGT seemed a stronger play b/c of the price of gold
Read over and review. Commissions are the killer of small accounts. Cost on average 8-12 a trade on commissions. componded onto loses it adds up fast. On small accounts you must not over trade and be very selective when entering a trade. Good luck
Don't give up. I'm looking at both trades. UQM need volume to push it back up but it's hard with a medium float stock on low volume. To answer if NAKD was a chase, it was if you bought around 10AM. You need to buy at key breakout levels. The better buys would be at the breakout of 1.70, 1.80 or 1.90 if you missed it. Look at my charts from today for entry points.
I just read your last paragraph. You're still young, so don't give up and just keep studying. You've only made 33 trades! Just come back when you've got some money saved up. And by then you'll have more knowledge, just keep studying if it's your passion
@Chongette32 I bought at 9.40am USA eastern time. I'm not giving up, thanks for advice, I have 1/3left, was just saying to another trader It could be much worse, I can top up my money and paper trade and continue studying. Thanks for the motivating comments.
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