Summary
I suppose they don't call it Friday the Thirteenth for nothing. It was supposed to be a special day for me but, I called it a day after a few poor trades and decided to take the weekend off. I came back today and I found this. One of the decent stocks I wanted to swing overnight reported this and it looks like it will go to shit tomorrow. I don't even know if I can even trade it with SureTrader, but I will ask before market opens. I need to get out as soon as possible. The above statement is basically the summary of my trading performance last week.
Ticker: CSLT
I started out fine, but as time went on, it seems like I have forgotten my rules.
When I was scanning this chart, I noticed what happened before so I was hoping for that kind of action. |
Note: Notice how a chart bounces. If it is a strong bounce all the way to the top, then it should still be bullish. I should have prepared for a long instead of shorting. I also shorted too many times and the last short was because of anger which should not have happened.
Ticker: GTXI
This stock was not moving as I wanted to so I just sold out in the morning. |
Note: I need to stick with this mentality of trading. As soon as I see signs of stocks that are not moving the way I want, I need to get out. If I didn't, it would have been very bad as you see here.
Ticker: NQ
I was not patient enough and should have waited for more confirmation on this chart. I rushed and bought my second portion too soon.
My plan was to play the breakout, but it didn't happen. |
I should have waited a bit longer to buy my second portion. |
Ticker: WHX
This chart really looked like it will go parabolic. I bought in and decided to hold overnight stupidly thinking nothing would happen. |
Note: I should have been very suspicious of this chart and why doing this. I did and found out that they were going to give out a large dividend sometime soon and the buy in was the 19th. However, I did not notice that during aftermarkets, NYSE delisted them and now I may be fucked.
Note: I need to get out in the morning. I should not hold suspicious stocks overnight.
What am I to do? I gotta get the fuck out and sell in the morning.
Please let me know if you have any comments or opinions. I would like to know if you have spotted any mistakes in my logic.
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