Filters (0 applied)

The stock has news about opening its stores for the medical field to use for testing for the COVD-19. I saw the stock at .23 look away for a few minutes and it has spiked to .58. After it spiked it started to pullback and I got in at .48 premarket. One of my rules is to NOT trade premarket and I broke that rule. After I bought in it started to go right down, I hadn't defined risk before buying in so as it started to drop I really didn't know where to get out.

Although there was no news on the stock I wanted to buy so it could break the days high it recently more than doubled If I would have bought when I first seen it instead of watching it go higher an higher until buying this would have been a win instead of a lost. The stock did end up taking out its day high and got to a high of .49 once it pulled back I got in thinking it would continue to break it didn't.
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.