Horrible execution! Biggest lost 3 weeks away from my startup! I now understand the importance of being properly prepared before a trade and not following an alert (Yes, i followed Tim´s alert hoping for a big bounce). The problem of not being prepared is that you are not really sure what can happen at the stock and this really puts you in a BAD position. Cut losses quickly! The stock later bounced , but could not possibly know this was happening so no hard feelings. BAD EXECUTION OFF SUPPORT
Bad execution, bought this afternoon dip very close to the market close. This was kind of revenge play as I missed the first midday dip. Another mistake I did was not selling at after hours when i had to opportunity to (Hold overnight and stock was .10 cents higher / i did the nooby mistake of not knowing how to trade afterhours with my broker). The good thing i did on this trade was the exit only 1 cent of downside. Verybadlogisticis behind this trade though one of the best lessons i had sofar
Missed the execution for the previous dip, bought in this higher dip as it maintained consolidation, went $.20 up failed to breakout $4 so i left still in consolidation. Lessons: Try not to chase if you miss an execution and if the stocks does not do what you expect to do take profits and exit. Avoid staying in a stock hoping it will inevitably do what you expect.
. Saw Tim's watchlist and analyzed bitcoin stocks as they all finished green on the day. Analyzed BTCS and it was #1 in my watchlist. It did spike at the morning but because of my schedule I missed, i was waiting for a good bounce in the afternoon but the stock did not do what i wanted. Lesson: Kind of an emotional play as i missed the big spike at the morning. This error was because of my lack of discipline still it was a big lesson for me.