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Showing posts with label ASTI. Show all posts
Showing posts with label ASTI. Show all posts

Friday, May 1, 2015

First: Bad Trade

Summary

I lost internet for a few days which resulted in me not being able to trade effectively. I made a bad trade in the first place so there should be no excuses for it. Today, I sold out feeling more terrible than ever.

I don't know if  I can continue trading like this. There is definitely something fundamentally wrong about my trading. Every loss is taking a slash through my chest. The pain is there, but I need to keep pushing forward to succeed. I might have to carefully review again before coming back.

News even came out for the company, but it was not enough for it to carry through.

Ticker: ASTI

The trade was not worth it. I thought it might have based yesterday and continue an upwards trend today, but it didn't happen.

Note: The risk vs. reward was bad. This was a bad trade overall.

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.


Thursday, April 23, 2015

Twenty Third: Slow Revival or Death

Summary


I have no money left so decided to play more loosely. I will still have stops, but they are wider since I am aiming for the LONG swing. It seems like it's the only way left to build my account.

Ticker: ASTI

So it broke out of the downtrend line and seemed to have found some support. It can still fail, but it can also grind up like how it did before in early February.

I wanted it to test $1.10, but I lost my patience. I got in my initial position @ $1.14 and will add in if it follows trend.
Note: This stock was definitely not worth it. The risk vs reward of this stock is 15:11 which is worse than 1:1. I may have fucked up here.

Note: I am playing more loosely, but I am starting to realize where I may have gone astray in my trading.

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.