timothysykes

$1,002 profit BLNK Long Stock

Entry comments: As I commented earlier in chat, potential late day Friday short squeeze on red-to-green move, I went bigger in my IB account on this, goal is to make 30-60 cents/share on further squeezing

Exit comments: Zzzzzzz, got a little spike, but no big late day Friday short squeeze like I wanted...maybe I'm playing too safely, but lots of sellers in the 7.40s, worth a shot, VERY glad I previewed this trade in chat an hour before it happened, see my timestamped chat commentary!

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timothysykes

When you're dead on right like my buy on SNES at .44 before it spiked to the $1.80s the next day, even if you sell too soon like I did in the .60s, those gains wipe out ALL small losses and more and keep your account moving up...but if your losses are not small, you're constantly playing a game of catch up

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timothysykes

Losses and being wrong sucks, but you have to manage them as it happens to everyone...don't let ego and stubbornness get in the way and allow a small mistake to turn into a potential big disaster!

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