I stuck to my rule today that I made last week about not trading while I am driving for a day and not trading unless I can sit and watch the stock.

I saw MGT this morning and had the urge to buy at 1.90, but I did not do it since I was traveling (driving) today.  After a couple of big losses last week, I told myself that I would not buy any stocks while going on the road and not able to watch it closely.  I stopped for lunch around 12:30 and saw that this was at 2.90.  And when I got home this afternoon right before the market close, I saw that this was sitting right at 3.00 per share. Then, I looked at the chart and saw that MGT spiked to around 3.28 today.  Wow! If I would have bought, this could have been my biggest gain yet.

 

My plan was to buy 1,000 shares around 1.91 so the way I see it, I left over $1,000.00 on the table today, but I have to be okay with that because I stuck to my plan and did not lose money today.

 

As I said, I am back home now so I hope that I can catch the next one like this.