I traded $INPX last night @ $.48 hoping it would break $.60 in the morning. It didn't and even though I saw the fall happening right after the bell, I still held and am still holding *checks watch* 8 hours later. Granted my position was small so it turned into a "meh, it cost me $75 to get in, let's just see what happens" situation, but writing all of that out reminded me of T.S. saying that one day you'll get so fed up with losing your money that you won't stand for it anymore. I thought Tuesday was that day for me after I pulled in $40 (+22%) on $RCON, but I was wrong.
I'm not good at being wrong yet.
In other news, I learned what "dilution" means. I read all kinds of hype about $NURO and saw it had a good run with volume in the pre-market, so I decided to put in an order before the bell for a break over $3. At 9:30, my order was executed and by 10:30 I wished I had been, too. Apparently "cut losses quickly" is not in my vernacular, even though I've heard it a million times. As anyone who watched the market today probably knows, $NURO tanked throughout the day. My order filled at $2.80 and it's now sitting around $2.10. Ouch. I put in an order to sell during power hour, but found out that ETrade wouldn't fill any of my orders after 3:30 unless I called them. Took until after the closing bell to get filled and ended up down about $100 on the day.
I know, I know, I KNOW eventually, that amount of money won't phase me but for now the lack of size in my account combined with the constant harping of the PDT makes it such a psychological challenge to get out ASAP when I see a failed spike...or a 3rd failed spike in $NURO's case. *facepalm*
Not my best day, but I feel that frustration at losing somethin' fierce. I'm over it and I hope Thursday-Me remembers this feeling when the hype train pulls into the station.
Pray for me. Or send me money. Or both. Fuck it ;)
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