
Stupid stupid impulse trade, saw the news and figured it had legs to continue it's premarket trend. Instead it dropped like a rock. I jumped in without a plan, without a thesis, without a target exit or entrance price, and sat and hoped. Lessons learned - 1) Don't trust impulse. 2) Initial breakout or retrace only! 3) Look for % gainer THEN check news, don't check news and hope it's a % gainer! 4) Holding and hoping is not a strategy, should have got out sooner. 5) Tommorrow's another day :)
Broker:Robinhood
| Date | Price | |
|---|---|---|
| Entry | 6/14/2016 | 2.00 |
| Exit | 6/14/2016 | 1.85 |
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