Been reading a lot of posts on here and following Tim Sykes quite a bit. Decided to test the waters today with the CBLI stock. I was a little late to the party because i overslept.. Bought in at $3.10 and almost cut losses when it immediately dropped to $3.03 glad I waited though because ended up selling at $3.29 for a nice small profit. However the stock closed at $4.70 so i missed out on a huge profit for my first trade. I took the prof that i had and tried not to be greedy, but with the squeeze that CBLI was running, i should've waited a little longer to more then quadruple my profits. Lesson learned, what an exciting experience! And advice for a new trader would be greatly appreciated! The more I learn the more I can earn!
Posted Apr 17, 17 4:35 PMbyamark24
Tickers
CBLI
Get up early and be prepared for the market! That is very important! And cutting losses quickly - congrats with a nice profit - its better with a small profit (aim small miss small ref Tim) - you took some meat of the move - could have been alot better but thats okey - a profit is always good and you learn from it - so you get a little better until next time! Keep up the good work!
Slow down, there is always a stock that will move tomorrow, you can't catch them all.
Thanks for the advice!
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