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WRONG MINDSET ALL THE WAY. Didn't want to CUT LOSSES for a few days. Hoping for a better exit. GOT SCARRED and CAME OUT when I realised there were too many shorts (65%)on this share and that a possible short squeeze was coming. Results: VERY BIG LOSS. Résumé: Short Sell 800 LCI after the "standard" morning rise expecting a drop that never came. RMK: I think I have been lucky to realize that very bad situation before it was too late for my account

After morning Gap up stock went down and rebound. Since buyers seemed to come back I got in at 3.92. Sellers then came in force. I came out at 3.52 after support breakage. My BIG error: I DIDN'T CUT MY LOSSES QUICKLY!!!! Results: 390$ lost. My lesson: The bigger the position the faster you must CUT LOSSES... Otherwise ...
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