My Second week of Trading came with the Harsh reality of Shorting and Getting Squeezed. I thought i was getting pretty good at Kutting my losers "Quick", then came the lesson in slippage for my largest loss to date. I also over traded, especially with SNGX. One day i made like 7 different trades before 11:30 attempting to get it right. I will now simply stop when i'm wrong, reset my mind, look at the chart and level II and let the Stock tell me what it is doing and then enter at points that confirm the Pattern. Look forward to week 3.
Posted Apr 22, 17 8:34 AMbyDat_Brotha
Categories
Short Selling, Short Squeeze
Received 1 Karma
Thats the spirit - but harder to do in person unfortunatly... Keep it up and you will nail it D=
cmon man you lost that money in 1 day while it took me 3 months too lose that much, pls paper trade your you will lose much more
Give you advice from my own past experience, stop real trading , get a couple of Tims DVDs How to make Millions, paper trade, watch the Market learn how it moves. Go in Trading challenge DVD order after completing the HTMM. While your starting out it will be mistake after mistake. Use a paper trading account that way it's not costing Real money. Good luck man
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