Received 2 Karmas
Angel_
Angel_ Aug 08, 15 1:45 PM

@wels1200 That's a great point: "opportunities like these will present themselves again and again." It's frustrating to miss out on huge profits. I missed out on ITEK, AQXP, and screwed myself on AVXL. But the silver lining is that I learned from it and it WILL happen again -- just gotta be prepared

newkid
1
newkid Aug 08, 15 1:45 PM

the resistance at that time was 3.00 - remember when people say to play even numbers :) 3.00 was that level. make sure you have calculated the risk vs reward also. I was in the same boat - had one trade left was going to buy at 3.80, but chickened out then again at 4.00. I changed plans got in at 6.00 and was out at 6.49. small gain but i still have my account: http://www.investopedia.com/articles/stocks/11/calculating-risk-reward.asp

newkid
newkid Aug 08, 15 1:46 PM

BTW my two eariler trades of the week was both losses along with the swing over night trade i had. so i was 25% for the week :)

juin
juin Aug 08, 15 4:19 PM

Of course it can go back up but it doesn't matter. Stick to your plan no matter what.

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