Emotional trade after I had broker issues on Think or Swim and my overnight trade on HIPH would not go through resulting in a $200 profit turning in a $500+ loss. I canât control broker issues but I am perfectly within my power to control my emotions, which I did not.
Current runner multi month b/o to new highs & then cracked fast
Bought the breakout 12/9 13:42 $0.0169 49k shares over HOD 12:02 $0.018 on the volume surge. The volume surge was a fake-out! Dip bought 13:58 $0.0141 49k & 14:44 $0.0128 49k for 147k shares total at $0.0146 avg. Held as it fit my 10/31 Profitly blogpost strategy. Volume surge 2/12 pushed price from $0.0123 to $0.0214 in 15 minutes. Price pulled back and held MDBO $0.018 support but then went back to $0.0214 and sideways for 5 minutes so I got out 12:46 $0.0214. Price hit $0.025 at 12:56!
Bought it as it was a low float otc moving.. spread was too big, exiting on green before i get stuck in it. small single here.
OVERTRADING LEADS TO DISMAL RESULTS. I PLAYED MY PATTERN ON TWO TRADES THAT RESULTED IN GOOD EXPECTED PROFITS. FOR SOME REASON IN MY HEAD, THAT WASNT ENOUGH... BECAUSE IT HAPPED SO QUICKLY. I FELT LIKE I NEEDED MORE. SO I PLACED SOME OUTSIDE OF MY PATTERN TRYING TO FORCE... JUST THINKING ABOUT THE MONEY AND NOT THE PROCESS. AND I GAVE MOST IF NOT ALL OF MY GAINS BACK. TERRIBLE MINDSET. I MUST FIX THIS
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.
