Great news about the NBEV will be working with coca cola. Rocketed at the end of last trading day. Leave too fast missed the party.
Back to the same ticker today.
Mistake entry too rush. Set long order after first long candle pull back. The support wasn't strong enough to hold. My broker system is slow, so I missed the stop. Then I just hold it. I knew it wrong. But the stock falls down too fast to set stop loss. Will never use same broker for day trading. Timing is so important.
Price back to track during the noon.
When there's no reason to sell anymore. Back to opening high and made new high. I quit when I saw a doji candle @ 2.79. And thought it could be the double top.
Price retraced and grow up to 3 in a term. Then fall back to 2.79.
Lesson to learn today is
1. Hot stock can be multiday gainer
2. Trade the wave for short term. no hurt to leave the top.
3. Keep patient on entry. Never never entry when price is far from the support. It will be back very soon. Like hunter in the forest, no patient no meat. Or sniper in the battlefield. Rush to trigger will kill yourself.
I was lucky today. The stock was boost by good news. Otherwise a rush entry may fuck the day or even whole week.
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