rey_11Jul 02, 20 9:14 PM
Looking back at it I should have cut losses when it popped up around .0565 for a much smaller loss and reentered near close with better entry. Learning process. On the plus side I caught the bottom of that morning dip.
Open Trade
TLSSLong Stock
Entry comments: Good dip entry for the morning @.057. Stock traded @ .058-.0599 intra-day for a few hours. Later in day slowly faded down popping up at around my stop price of .055. Going long over the long weekend with my stubbornness on the hypothesis that it has a history of gapping up over long weekends. Ticker currently sits at near ultimate support @.0515. -$51 going into the long weekend.
Broker:TDAmeritrade
| Date | Price | |
|---|---|---|
| Entry | 7/2/2020 | 0.057 |
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rey_11Jul 02, 20 9:17 PM
Being under PDT makes it that much more difficult to pull the trigger on a loss. I need to learn to listen to the market and cut losses when things aren't going the stocks way. Still an unrealized loss, so we'll see if my hypothesis is correct on long weekends and TLSS
