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Working on dip buying, could have been out at $.42 but kept second guessing myself and instead ended up with a small loss.
Bought on the dip 6/7@ $1.22 after soaring 127% the previous day on news of contract winner as well as positive NASDAQ news after hours.Goal was to make $.12-$.32/share Sold at the market open after negative news killed momentum. Cut losses quickly.
LINU up big at the open to $.80 was dip buying at $.642. Was looking to make 10% but instead of taking the $25 profit at one point I was holding on for the 10% and ended up with small loss. Getting better at not holding and hoping rather cutting losses quickly.
Bought on the dip at $.78 was shooting for $.74 for 500 shares. Morning High was $.92 was looking to make 10-20% Was able to notice candle patterns after beginning to read Steve Nieson's book. Getting the hang of dip buying. Sold at $.835 for a $.055/share profit. I was waffling back and for the between setting the sell price to $.90 and $.86 Finally settled on $.835. I noticed that I was calmer while making this trade both entering and exiting.
Entry Comments: Bought on news of Bitcoin momentum as well as Tim Sykes watch list and his entry (which he says to never do) Entered 570 shares @ $.90 Goal was to make $.13 share as morning high=$1.06 Exit comment: MGTI immediately moved to the downside once again before bouncing back to $.92 as I type this. Prior support x3 was $.90 so felt as if entry was solid. Getting better at being more patient into entries so encouraged there.
Looking to build green momentum in my trade even if it means taking a small gain. Last 5 trades would have been green but my ego and unrealistic expectations got in the way. Small gain better than large loss everyday!
This was one where if not for my ego I would have make $50 rather than losing $90. Small and consistent will be the mantra!
Was looking to dip buy this and waited off the morning spike. Unfortunately moved against me to the downside even further. Cut losses asap!
Another ego filled blunder, refused to cut losses quickly when it went against me believing that it would come back sold to late and suffered the consequences.
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.
