timothysykes
timothysykes - Aug 17, 17 9:34 AM

-$128 loss FENG Long Stock

Entry comments: I dip bought this earnings winner from yesterday, it can still spike, goal is to sell in the low to mid 4s, but be ready because it moves QUICKLY, cut losses quickly if it can't go red-to-green on the day

Exit comments: No bounce, overall market dropping so rule #1 cut losses quickly, no biggie, it's still holding support so maybe it's a delayed morning spiker, but I was aiming for fast breakout over yesterdays high's, worth a shot given the quick spike potential, DCTH a better choice so far

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Rollingball
Rollingball Aug 18, 17 6:54 AM

@jordanlesson better study hard. STT just had a good article about stoicism. Although it doesn't have anything to do with stocks, the biggest obstacle is usually controlling ourselves.

realdealhaley
realdealhaley Aug 18, 17 4:32 PM

Would this have been considered buying a green to red stock on the day? Previous days close was $3.94.

realdealhaley
realdealhaley Aug 18, 17 4:34 PM

Why not wait until the stock went green at $3.94 and then enter?

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