Unfortunately I was at work and I could not get on my computer to get out of the trade, BOO! Totally felt like I was in a dark hallway for awhile, very hard to digest such a Huge mistake for a small account.
Went it and out of the stock several times. Look at previous comments. I should've short instead of bought. I just saw that it was down so thought it would bounce. If my mind was clearer I could see that it couldn't go green on the day. It spiked a little to 5.10, (previous day's close 5.00) at the open but downtrended. I was trying to buy the bounce at 12:30. Again shouldn't trade midday and then I tried again few more times when it was clearly downtrending. There was a dead cat bounce
I bought this several times today. Bad trade, revenge traded, fomo'd and overtraded. This trade is grouped together properly but basically I bought the stock when it was downtrending thinking it could bounce. On the 1 min chart it looked like it was but I didn't check the 5 minute chart which would've been clearly. Need to think about the overall trend and not fight it but when you're overtrading, fomo'ing and revenge trading your mind is not clear. DUMB trade
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.
