May I ask why you bought LIVE at 2.34, knowing it was already 34 c above multiday resistance at 2.00? What were your r&r ratios? Just being curious. I'm just starting to begin.
I'm just beginning too, and learning more everyday. Thanks for asking this question, It reminds me to check the R/R ratios more closely. I had seen news that I thought would keep it going for a bit. I wasn't looking much, & if I hadn't left it, I would have known my plan wasn't working & I would've gotten out with a small gain/loss. And that's the lesson. Don't just leave trades on the table. Even if you 'think' you might get back. Not certain, get out of the trade.
I feel your pain. I learned that lesson as well, but I fell a little harder.
great lesson. reminds me of the girl that took her dog for a walk after market hours when KBIO spike to the sky when she was short.
May I ask why you bought LIVE at 2.34, knowing it was already 34 c above multiday resistance at 2.00? What were your r&r ratios? Just being curious. I'm just starting to begin.
I'm just beginning too, and learning more everyday. Thanks for asking this question, It reminds me to check the R/R ratios more closely. I had seen news that I thought would keep it going for a bit. I wasn't looking much, & if I hadn't left it, I would have known my plan wasn't working & I would've gotten out with a small gain/loss. And that's the lesson. Don't just leave trades on the table. Even if you 'think' you might get back. Not certain, get out of the trade.
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