Cutting losses FOMO trade I'm not trusting can go higher considering how overall market is doing.
Cutting losses FOMO trade I'm not trusting can go higher considering how overall market is doing.
Entry comments: Partial fill on this big premarket spiker with news https://tim.ly/4jc8Ckr thx to http://tim.ly/breaking3 for the alert, I'm a bit late, but I'm buying the high of the day breakout, goal is to sell in the 3s if it can get there, cut losses if no further spike
Exit comments: I cut losses here as it looks toppy 2.50-2.60, I'm a 50 cents/share and 30 minutes too late given the news, it's my bad...trying to comeback now but I don't trust it so I'm out for small losses. Never forget rule #1 http://tim.ly/clq
Tim Sykes Recommendation - made big mistakes here - bought when I thought I was selling at stop loss, did not realize for over an hour - when I realized the issue, I sold for major losses - 44.19% on 1st piece, 43.59% on 2nd piece, overall trade loss 43.90%
Bread and butter. Not executed perfectly though, judgement felt cloudy and I still felt anxious, wanting to just lock in. Need room to breathe. Excited for this break. Coming back with a more refined process & repeatable action.
it just dropped and couldnt clq quick. lesson learned, if you think its a sell early, especially in this market just take the profits and move on. But this was a tough one cause it fell off a cliff from 2.3 to 2.10, and i didnt clq at 2.13 instead. it went all the way to 1.9 before it bounce and I cl. not good Mo
Timed right for a fast-moving stock. Pre-market. Small profit but green, nonetheless.
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