It was a good entry. But didn't hit my target.
Spend a long time in this endless war that proof I was wrong. It was an unreasonable decision. This guy spiked 60% last night while I was sleeping. And I've sold it before the market close.
Now I was trying ride this supernova. But I don't think it's a good idea. I decided to hold it over the weekend. And take the risk what ever it takes.
Now since I'm calming down, I started to think about the strategy and psychology in these circumstances, no mater I lose or gain this time. I hate to involve any struggle like this.
To hold over night or not this is a question. Once the money is off my hand it's a lucky gamble. A total different game with day trading. To quit, I would think about my previous loosing opportunities. But should I hold for a luck?
Position, now I think is the key. If I but it in a higher risk for a higher gaining. Should keep it in a smaller position. In any case of fail the lost will not hurt me, but gain just extra bonus.
It's like people who Hoarding a lot of shit. They all have different experience of material shortage. So they just want to hold the stuff as much as they can.
The regret of missing rocket is so painful to trader to lost reasonable thinking. And it's also a reflection from the trader's personal financial urgent. This is what I should working hard with. Any urge of gain may lead to a huge mistake and slower the process of financial target.
It may be not the best conclusion about the topic. But for a long term runner safe is always the priority.


So did you stay in it over the weekend? I fell asleep during after hours trading because I had just drove back from Cali to Arizona that morning (12 hours). It must have spiked or something because my account total shows a good unrealized profit right now. Curious to see what Monday has in store!
Join now or log in to leave a comment