Im an idiot for a couple reasons. 1) NEVER chase a stock against your gurus advice 2) if you have an opportunity to cut losses at your mental stop, FUCKING CUT THEM! This thing sat at 5.55 (my original mental stop) MORE than long enough for me to sell. But I didn't. I kept hoping it would climb back up. "Hope is not a strategy" 3) DONT use market orders. EVER! thought I sold at 5.10, i actually sold at 4.95
Really buggered this one up. Meant to buy 500 shares, fat fingered an order for 1k and got em. panicked and saw it tick up a couple cents so I got out and took my ~40 profit. I really wish I had executed the trade properly, I would have stayed in much longer and could have seen it run to 10.60... like it did.
It id it one more time. I didn't catch it quite as low as last time and I sold a little lower as well. It seemed to struggle to crack 5.80 this time, so I caught it on the way down at 5.76. Looks like I could have held in there for some fluctuation and caught 5.78, MAYYYBE 5.79, but Ill take it.
It did it again. I caught it at a lucky dip @ 5.66 and got out almost at the next local peak @ 5.80. Could have possibly gotten 5.82 but took the "meat of the move" that being said, I know Im using that term somewhat disingenuously because this is not a move, it is scalping. Im not proud of it, however I am proud that this trade did exactly what I intended it to do, and I played it thusly.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.