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[TimAlerts] GOGO shorted @ 10.36 this morning. It is currently sitting @ 9.45.. Gonna be a good day
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[TimAlerts] There are several penny stocks that are doing that this morning. Look at $OPTT
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[TimAlerts] $PEIX someone placed an order for 199,999,999 asking price. Someone wants that price to stay high
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Syndicated_Trader35 Jun 02, 16 7:25 PM
Sometime cutting losses to quickly can lead to large amounts of lost profits.
TechnicalTicker Jun 02, 16 7:32 PM
@Syndicated_Trader35 "sometimes cutting losses too quickly can lead to large amounts of lost profits" but not cutting them quickly may also lead to very big large losses. In my opinion your NERV trade lost was an exit out of emotion. A stock of that price (or $10 or above) can easily move $1 dollar so cutting it .22 cents from your original entry seems like it was based on emotion rather than let the trade continue with it's bullish pattern.
TechnicalTicker Jun 02, 16 7:34 PM
@Syndicated_Trader35 and though it went $2 up, it could have went south $2 as well, so cutting losses quickly is a better strategy. I rather lose potential profits than lose actual money.
Wrightknight Jun 03, 16 3:32 PM
That's the thing but being safe and making profits bigger than your losses and you can't go wrong, stick to the plan and don't be greedy.
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[TimAlerts] NERV could have been on on the best profits in a long time for me.
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[TimAlerts] NERV bought in last night @ 13.93 sold this morning @ 13.70.. now look at it. :@
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[TimAlerts] $CMLS resistance @4.0-4.1.. Could be a good short for next day or 2
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[TimAlerts] $OPTT no shorts with E
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[TimAlerts] $OPTT in @5.80 out @6.00 (rock)
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