Received the Supernova alert for WATT. Bought in @ 3.23 after the initial 3.80 spike, though I knew better and should've waited till it pulled back more, which it did to the 2.70s. This was my first large position buy w/ 850 shares (basically my entire account, which isn't wise, but supernova alerts have been consistently profitable). Then Tim sent the 2nd message saying that it was struggling. Fear of losing got the best of me, so I sold all 850 for a profit of only $15. Then immediately after that, it spiked to $4. I could've made something like $612, which would've paid my needed rent next month. What a bummer to have missed out like this! I should've at least kept a few shares in just in case it would spike. I dare not chase it up in the current 3.50-3.70 range. Oh well, at least I didn't lose money. Tim, with all your market experience and knowledge, if you know of any other supernovas this week, please share. Much appreciated.
This was such an emotional trade. I just wanted out when I saw it consolidate before the $4 spike, combined with reading the word "struggling". The rational part of me would have been more patient and put in a stop-loss of half or even all of my shares just below the consolidation level. It was clearly still holding an uptrend, so I'm disappointed that my emotions convinced me to sell all my shares at that very moment. I should be ok with risking $20 worth with my stop-loss, particularly with th
...these supernova alerts that meet the volume, float, and news criteria for spiking.
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