I got in this trade of my STT News alert on former runners. Dip bought 10/11 9:11 $0.0027 13k 20% off 9:09 $0.0033 HOD using a pre-set Limit Buy. Price hit 9:20 $0.0033 & I FAILED TO SHOOT A 10-20% WINNER DUE TO MY GREED WEAKNESS ARGH! Added 10:14 $0.0021 13k for 26k shares total at $0.0024 avg. When price took out wall on the Bid 10/13 $0.0016, I got out on the Ask 9:37-9:49 $0.0016. This has happened to me so many times! Still struggle with GREED and this is how I pay!
Entry comments: bought at support
Exit comments: should've cut much much sooner. held it for 6 days and the volume died and it just kept going down. i have to break out of this stupid habit and cut much faster
This was an OTC with a strong 1st day. I had a buy because it held VWAP and was breaking a round number of .0070. I sold very quickly because of how quick it trades, if I sold in two pieces it would have been okay. I can do better with more experience.
HOW TO TURN $300 GAIN TO TURN $-80 -- Risk Management was not good Stock was biggest % gainers, it was a beautiful morning spiker, bought when it dip and risk was good, stock broke the morning high, when the stock hit the lower low and when it didn't hold the morning high that's where I should have took my profits instead comparing the BNOW play and tuned to be loser, not having proper mindset.
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