Made my first trade today! Had a ton of fun! In at 4.75 out at 5.00. Made .25 cents per share but only played with 100 shares to keep things small and simple on my first setup. Lessons learned: Set up a cut loss level based off of the chart. I set my cut loss level at a random level of $4.65. The stock quickly fell to around 4.60 shortly after buying and I missed my sell execution. Cut losses quickly. I cancelled my order and the stock quickly jumped back up to the high 60's/low 70's. I decided to stick around and let my plan work and it paid off...even if it only paid a little lol.
Stick to you plan, set a strategic, logical cut loss, and let your plan work. Those are my top takeaways.
Posted Feb 14, 18 9:22 AMbyjordan93y
Tickers
HTGM
Received 1 Karma
Good work! Keep it up!
Congrats on your first trade. Food for thought, the Amazon River originally started out as a single drop of water.
@kobayashimaru that is awesome. I believe that for myself! Thanks for the encouragement
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