Khermus
1
Khermus Feb 14, 17 9:17 AM

If a stock doesn't do what you expect it to do, then I would get out. Why staying invested in something that doesn't move? You could've bought today's breakout over the pre-market highs. I never stay long in a stock more than 1 day. If it doesn't give me a morning spike, I'm out. Stay in cash most of the time.

Pandabear
2
Pandabear Feb 14, 17 9:48 AM

I think you bought on a day with no volume and wasn't a top % gainer. It's better to buy on the day that it moves unless your plan to swing trade but you need patience for that. You were right to sell it because it got down to 1.88 at some point and that's a 13% loss. So if you're day trading wait for the stock to hit the top % gainer and go from there

Pandabear
2
Pandabear Feb 14, 17 9:50 AM

Also you wouldn't have been able to predict the news. It's all about reacting not predicting so when it moves then react to the price action

nickdemarco
nickdemarco Feb 14, 17 10:14 PM

I appreciate all the feedback, thank you.

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