Very small position on what looked to be a stock spiking over previous day's resistance, just couldn't hold it though and dropped. This is my story lately..Everything i try just fails, even ones that should go, so frustrating, and this just took me back in the red overall. So stinkin frustrated, even though small losses.
Tried again and failed. It started spiking, but couldn't get over .97, should have sold there for even a small profit, but held on hoping it would hold at 92/93, but instead dropped to .90, so I sold to not take further losses. Two frustrating losses today...not big, but still losses..should have stuck to my strategy of waiting for a stock to prove itself better. Dumb, hate it when stuff is going on around me and gets me distracted.
Woohoo!! Thank God for a nice win here on a small position. The Lord helped me to stick to my plan today, wait until a stock proved itself, trade less than 2K and then be ready to sell the instant it dropped a penny or two below my buy, but it never did, so sold on a nice continuation of the bounce from 1.25. Thank God for a win, was starting to get really frustrated at all my losses lately, but my fault as I just haven't been disciplined at all.
Oh man, this is a terrible loss. Oh, that hurts, I'm coming back down to 0 profit overall and I'm getting really frustrated. I made my plan this morning and I didn't stick with it. Said I'd wait at least 15 mins after open, seems like everything is dropping initially, new pattern , and then some come back, but need to give them time, and see what they do, even if they start looking like they're breaking over previous high, they need to do so convincingly, or stay away!
Small loss on small position, but again dissapointed, had a nice morning panic this morning and thought it was bouncing over 1.00 as it took at major resistance at .98, but then couldn't pull it off. Looks like it's going to now though, so was just a big early, but now I don't have any funds to buy. Ugh.