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Learn to control emotion.
Lesson learned: Don't get hyped & hoping, ride it instead. Must practice to react on the price action, not predict it.
Initially already profit $100+ but become greedy until the price drop far below the buy price. Waited for re-bounce, but it is very weak. So decided to close position just enough to cover the brokerage fees. Lesson learned : Don't get greedy & learn to take the meat on the move
Got emotion in control this morning to not chase the stock when it spiked. Waited for dip buy & sold into strength.
It was yesterday's big percent gainer, multi-months breakout. Suppose to profit in this. But, traded wrongly due to FOMO. Lesson learned : Never ever chase a stock when the price is moving higher rapidly & need to control emotion. Phewww.. what a day..
Entry comments: First trade since joining this community. Still learning from Tim's videos. Applied some of it in this trade (selected from Tim's latest watchlist). Looking for the first green day (with high volume), breakout, stairs step pattern, morning spike for few days. Looks like a good trade. Took small position, bought dip during premarket.
Exit comments: First profit locked. Not much, but a good motivation for me to grow my account :-)
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
