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Had a plan to buy a triple zero one stock sitting and flip it at .0002. One tick. 100% gain, right? Well, I didn't study this ticker more than 5 minutes and decided to jump in the action by "wisely" placing a bid at .0002 while it was trading at .0003 after the open. Very soon thereafter, my buy order executed as millions and millions of shares were dumped, taking the price down to .0001. I quickly placed a sell order at my orginal buy price and waited a month before it thankfully executed.

Scanned for big movers and found this, of course it had already been on a multi day before I entered the position so naturally it lost steam and I held on out of hope and greed. The frustrating part is knowing that you should exit a trade almost immediately, but not doing so out of pride, ignorance, or whatever. All I know, is this is unacceptable risk management, stock selection criteria, and discipline. I have no one to blame but myself.

So many mistakes made with this trade. I got the idea from Twitter which is usually a bad sign of laziness for me; I was greedy when this was up a few percent and wanted to see more upside after an already huge run; I held on too long expecting a bounce back once it started to decline; I didn't cut loses quickly and lost almost 70% on this. An amateur trade in all facets. Very disappointed with my lack of a trade plan and discipline here.

This company bought a tiny town called Nipton, CA, over the weekend to convert into a cannabis themed tourist attraction. The story gained national traction and caused this to explode 100%+ on over 3 billion volume in one day. I, of course, bought near the top of the mania and settled for a loss. I did, however, make the sell decision earlier than I usually would, although I still held on too long, I was pleased to a degree with my quicker decision to get out. Better process, but still bad.

Bought this in a late morning chase after the stock was already up 100%+. I wanted some action, which is basically just gambling, and I lost 25% for my undisciplined ways. I like the opportunities for profit in these low, low priced penny stocks, but the volatility and lack of a plan and discipline are killing me.

Another stupid FOMO trade that I refused to sell once all signs indicated a falling PPS. Pride, greed, and lack of risk management turned another potentially innocuous trade into a big, fat loser. Over trading is playing a major role in taking these suboptimal plays. It's revenge trading to the max.
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.