not much there but thought it would have a 10% pop from the bottom
Morning Fader - Dip Buy
Held this one for several weeks because I was afraid of taking a big loss. Made the mistake of breaking rule #1: cutting losses quickly. Thinking it might run again like before. In the meantime, I missed out on other solid opportunities because my capital was tied up. Fortunately, news finally dropped, it came back around, and I was able to lock in profits. Big lesson here: protect and don’t let fear dictate the trade.
Big percent gainer early; did not take 10% single when I had the chance and held all day; cut losses
Dip buy, lots of lessons here. First, I revenged trade it around 10 times. Seconds, I did cut losses quickly, but the reason for the big loss is that I kept getting paper cuts. My average lost was just $27, I just tried it too many times and the choppiness got me. Lastly, I used a stop order on the last try and the MM took the stock down to my stop loss and then bounced it. Great learning/market lesson.
Dip buy, lots of lessons here. First, I revenged trade it around 10 times. Seconds, I did cut losses quickly, but the reason for the big loss is that I kept getting paper cuts. My average lost was just $27, I just tried it too many times and the choppiness got me. Lastly, I used a stop order on the last try and the MM took the stock down to my stop loss and then bounced it. Great learning/market lesson.
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.
