This one was very similar to HTGM. No real setup, just kind of chasing after a $2 stock had already made a $.20 move. No edge. No way to properly manage my risk. No way I stay in this game if I continue to jump in stocks with no setup. I learned a valuable lesson on this day. That lesson is that if there is no setup, there is no trade for me. I knew this, but for me it really took the pain of experiencing the emotions that come with chasing and losing, and jumping in without a setup and realizing that this will never work. It is pretty implanted in my brain now and I will remind myself of this on a daily basis.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-06-28 10:18:30 | MOSY | buy | $2.200 | long |
2017-06-28 10:29:19 | MOSY | sell | $2.130 | 0 |
2017-06-28 11:13:45 | MOSY | buy | $2.290 | long |
2017-06-28 11:29:42 | MOSY | sell | $2.300 | 0 |
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