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Thursday, March 3, 2016

2nd: Read the news!

Summary

I played a few stocks and they were losers. I need to learn how to minimize my risk more or else it will kill me eventually. 

Ticker: BGFV
My entry was poor and a symmetrical formed. I got out in time tho.
Note: I need to get in earlier on these stocks to be in a good position.


Ticker: CBPO
Piss poor entry, but okay exit. I did not read the news on this one and it burned me.
Note: The news told the story that the second public offering was at $110. I should have known that anything below that was a buy and anything above that was a short because it stalled at $110 throughout the day. 

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