This was bad and wrong trade. it does not fit any of my setups i impulsively bought a dip and i lost.
Holding and hoping. Chasing my losses and trading anything that moved
Hated giving part of this morning's hard work back, but I bought at the top. Thought I had decided to quit doing that. Some lessons just take longer. Still, up for the day; very little, but not a LOSS.
Bad trade jumped in on a mover no real plan.
Traded this stock based on it being the percent gainer this morning and it being the FGD. I bought it when it reclaimed VWAP and started to spike, however, it could not get over $1.65 and started to downtrend from there. The volume also started to fade. I will keep watching this stock into the open this morning, as it could be a FGDB play. Good lesson and stuck to my stop loss.
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