2nd Green Day Was looking to buy a breakout bounce but the bounce was weak. Didn't close position fast enough and got totally crushed on this one. Had sell limit order always there just always got missed by 5-10% then chased it all the way down. Could have been 100% more aggressive on the forced exit the moment my trading thesis was proved wrong and that was when the bounce was simply weak.
This one stung and with good reason. Don't trade when you're not feeling well, don't trade unless you have time to watch and get out, in other words, if it is going to be a busy day at work which it was for me, don't do it. Then SELL SELL SELL if you start to lose about 8-10%. Normally I exit, but I did not. It was a good lesson. Now I think I will hit the books before I trade like this again risking my hard earned money.
Lost a lot of money fast on this trade, tried to ride the 600% gain but LOST a HUGE chunk... I didn't even realize how bad it was until just now lol. My other trades were in the green for the morning though, I just wanted to get rid of this asap, I should of used a limit but I think I had done market and just dumped super fast. It was only around $300 but still HUGE percentage loss. I am glad I was smart and looked at this trade as a GAMBLE before I bought it, and therefor didn't buy much.
Bad trade for me. Should've cut losses quickly. OTC play that just hit 52-week high, I thought it would continue to go up. I was wrong.
No right move -> rule #1
A profit that I was able to obtain after a quick spike on open market during the morning.
Glad to make some profit here....spiked to .18/share later today...exited too early.
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.
