noticed boring steady uptrend via STT scanner; had some exec & prod launch news recently, long term showed volatility; planned to ride uptrend for a swing trade of 10%; it did hit that 10% goal, then pulled back a couple c/s; 8% is a good single for this small account
I'm on a losing streak and need to take a step back and analyze what I am doing wrong!
MDVX: This was a premarket gainer due to receiving CE marking approval. It got as high as 1.35 premarket. I bought 2000 shares on a dip just before market open. It tanked at the open and like a Jackwagon, I held it. Ended up selling at .91 cents and taking a $560 loss. Need to exit sooner. STUPID
Did not cut losses and bought into weakness without really understanding the support and resistance zones on this stock
I tried to buy into a morning spike but was wrong and cut losses quitckly
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