Very stupid, undisciplined and random trade I took on BNC alert, blindly following and chasing. Then try to average down and end up selling for a loss. Had other things going on in life at the time helping a buddy work on his motorcycle and my head wasn't in the game at all. Lesson learned, commit fully to what I'm doing in the market or don't trade at all. Very uncharacteristic of me and completely stupid. At least the loss is relatively small % wise.
I tried out this swing trade idea on a listed low float stock but it was not running the way I wanted after a few days. Luckily I cut losses when I did as over the next couple of weeks it continued to crash slowly. I was trying to let the swing trade play out but it was just not working out. I am still learning this pattern so I guess I can' t be so upset.
This was more of a swing trade pattern. This is still a pattern I am learning in regards to listed stocks. I have to be much more conservative with this. I also should have tried to hold this for a couple days because it did gain about 10% over the next couple of days. At least I cut losses quickly while trying out this pattern.
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.
