Hey guys I'm still having some really bad trades this week and wondering if there's something I'm doing wrong. I held three shorts overnight because I have no day trades left.
$CCXI- I got in on a spike yesterday into the close @ 3.84. I wanted to short it on the first red day and sell it today on a panic. This morning it went to 4.17 and I had to sell for a loss.
$EXEL - Same story as $CCXI, I got in on the day after it's first red day for 5.42 and I had to sell it this morning for a small gain as it spiked @ 5.30.
$AMBR - My last short I shorted @ 4.70, it dropped a little yesterday and spent the whole rest of the day and today rising so I had to sell it for a loss @ 4.99.
So I've been making alot of bad trades this week I'm down nearly $1300 from starting trading a month ago, I've studied Pennystocking part Duex,and bought STT. What am I doing wrong?
I also wouldn't risk opening new trades if I was out of day trades unless you intended for them to be swing trades.
I usually do check OTC, but I'm trying not totrade anything under.50 right now.@jartey
Dont feel bad. There are many of us out here doing exactly the thing. I my self am down almost $700 I look at it as the cost of learning. lol They say dont trade early on. But some say its something you have to do. Me, i jumped in with both feet and didn't know anything. Maybe we can help each other. I have STT and HTMM.
@jartey i know this is pretty old. But might i ask what newsletters you use and where you found them ?
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