Okay Ive had this problem where i'm watching a set up sometimes a breakout, red to green move or something like an abc pattern forming and the example i want to use today is with HGSH. Okay so im watching this stock ( well i open the chart up at 9:31 ) and i can see its setting up for a multi day break out. I'm looking at the 1 minute chart and the daily chart. But anyway i start to focus my attention more on this stock and it starts to move closer up to that 1.89 multi day break out. It hits it a few times but doesnt break it then at 9:32:52-9:32:53 it shoots straight to 2 and from this point on im chasing it up trying to find the right price for me but it kept going straight up so i never got in.
This is not the first time it has happened to me. I have many on video aswell where im watching it shoot up and do these 50% moves and i miss them because i havent got in at the right time because i think im too late, or i think its going to collapse or its not going to break out in the first place. Ive missed out on a ton of money missing these set ups. Even if i got in i would took my profit straight away.
My question is do you miss out on the crazy plays because your emotions got in the way? I mean literally watching them go 50-100%+ without ever entering????