Sold my 100 shares of $OPTT for a $65 loss. I saw that it dipped around 5.37 and decided to buy more but with my fat fingers i ended up selling and I got a warning that i had used my 3rd day trade. I panicked and ended up selling again from my previous buy. I also ended up buying 100 shares @ 5.40 again and selling it quickly for 5.42. Definitely still have a lot to learn. I’m glad I cut losses quickly. Still grateful that I cut losses intelligently as Tim Grittani says.
Lesson: Stick to the plan! My plan had only upsides to sell for profit, but not a loss. I have to think about both the profit and loss. Next time go in with a price i’m going to cut losses at and stick to it.
Posted Jun 02, 16 11:00 AMbyiJasonR
Tickers
OPTT
Received 3 Karmas
Same here i held over night and premarket was struggling to go up in price but I gave it a chance when it opened and it started to dip and I held for a bit and then I remembered what Tim says when things aren't working out so I immediately sold for a 75 dollar loss and shortly after the stock really fell off a cliff , HTMM has already taught me a lot
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