Today I went all in on the bad news of STEM. I had 1.8k shares @ .56 all was well and it hit .80 and I was up $300 and should have gotten out. But no I got greedy thinking on this is going to hold and I will make even more money of of this stock. Obviously I was wrong it hit .8 and then crashed and stayed around the .56ish range for the rest of the day. I had just gotten off of my biggest trade last week and was feeling really confident that it would keep going. But I did not take the meat of the move. Just would like to share my mistake with you all so maybe when you are in a similar situation as I was in you remember to take the meet of the move.
Posted May 31, 16 7:21 PMbyMoneyMarak
Tickers
STEM
Received 3 Karmas
@MoneyMarak It happens :) It's all part of the game. There are occasions when the trade is going so well, it seems as if nothing can stop it. This is a good this as you have learned the lesson at a still very early stage. Next time, I am sure you will not think twice. Keep it up, you are still green and sky is the limit so just learn move these events, and keep growing as a trader.
I'm sure we've all been there before. One thing I do whenever I'm up on a trade like that is set a Trailing Stop on 1/3 or 1/2 of my shares to protect me from me, and then wait to see what happens before unloading the rest.
That is a good way to keep your trading safe. In the beginning it's always a great idea to test and test (trial and error) with minimal size. At times, people score nice wins and assume they know what they are doing until all goes down the drain.
By the way, I have some confusion in this article. if you are free, So please tell me can you remove my confusion. But before this, I want to discuss the PlayStation, the PlayStation is a good platform to play online and offline games. But I am a casino lover and I want to know can we play casinos on PlayStation. By the way, I know a good article https://www.consolefun.fr/blogs/detail/3917/les-meilleurs-jeux-de-hasard-sur-playstation about this. But firstly, I will take help you. because I think
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