Filters (0 applied)

My trade early in the morning was a great one. I made about $160 and followed my plan perfectly. I would have liked to see GSAT break out above 3, but since it didn't I got out for a nice solid profit. Later in the day though, I tried to dip buy, and there was just not enough volatility and volume to play, so I took a loss there I cut it quick though to keep my profit from earlier, I need to just make these kinds of trades over and over so my account can grow. No more emotional trades.

Bought this one on a big dip. It had faded all day and thought it might bounce here. Tim was already long and then right after I had bought, I got an alert saying he added to his position, so I felt really good about my entry, but it just never did pop, and that happens sometimes. The key is to just stick to your plan, which I did and only lost small after commission. I probably would have sold up at about 1.85 when it peaked if I had had a bigger position, but I wanted to go small after losing.

two big losses in the same day. The first one was just not going as I wanted it to, but this one was an emotional buy. It's sad that I was completely right about the stock, in fact today, which is the next day, it got all the way up to the 1.40s. Because I had such an emotional buy, without a plan, I couldn't capitalize on this play and I had another big loss. Cold showers for me for the rest of the week.
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.