chrisrainwaterMar 09, 20 3:02 PM
Love it !! Looking forward to getting in on the action !! But right now STUDY STUDY STUDY !! #MMP
-$2,250 Loss
COCPLong Stock
Entry comments: Another coronavirus play spiking, on big volume, lets see if it can take out morning highs around 2.20 that's my goal here
Exit comments: Unfortunate timing right as an offering was announced, literally the same minute as I bought, all you can do is cut losses quickly and don't hold and hope...this is why I trade with small size as you just never know, small loss for me, acceptable risk due to unlucky bad news
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| Date | Price | |
|---|---|---|
| Entry | 3/9/2020 | 1.98 |
| Exit | 3/9/2020 | 1.53 |
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MeatHammer13Mar 09, 20 3:09 PM
@timothysykes yeah stuck it @2.08 when I tired to stop my offered thanks Robinhood
mckeoneMar 09, 20 3:09 PM
When even Tim has bad timing I don't feel quite as bad about mine
chrisrainwaterMar 09, 20 3:10 PM
#1 rule cut losses quickly! Way to stick to the plan and lead by example
grandarbor9Mar 09, 20 3:16 PM
Great example of why you don’t trade with large % of your account. Unlucky timing Tim. Glad I was able to watch that unfold. Really drives home the lesson.
legheimMar 09, 20 3:29 PM
Sorry to see your loss, Happy to know that these things don't just happen to me.
DrybeatsMar 09, 20 4:48 PM
This is some scary shit i think. Trading with a small account you have to go all in. How to stay safe??
WindwalzerMar 09, 20 6:53 PM
You entered expecting the stock to spike/go up more, they had an offering which cliffed/#4, and then it halted? I keep saying your #1 rule over and over "cut losses quickly". Thank you, thank you, thank you.
