When I bought it, it was already up 29% from Friday's close, did not think it had much more, completely screwed up, had a good thing going with small size, and cutting losses small, ruined it today.
Oh ... That's a recurring problem. Wish you'll learn from that loss keeping you busy and destroying all your small gains.
Made back a bit, from $5,400 down to now $2,500 down, secondary offering just announced, stock not moving much, maybe tomorrow.
slow down.......stop evaluate.....play on paper until it feels comfortable(feels good in your gut).......to many wins can make you think you cant lose so you bet bigger and fork it all up.
Hey Tony, Hello from Australia, good journal mate keep it going! I have just got into trading/studying (3 months in, and still not sure if these youtube guru's are full of sh*t or not yet) as I am an ex-online poker player. The skillset merges perfectly I just need to know the rules and strategies of this new trading game. Anyway you know what you should be doing and not doing, You just need to tame that beast inside that temps you saying "...Bro if only you had put $20k on that last trade where you made 5%".. You will learn to ignore that voice just like a cheap hooker offering you a freebie....You'll realise it aint worth it and it definitely aint sustainable! Good luck and I will be following daily for updates.
Thanks for the advice Logic and King, still stuck in this trade, down big, might have to just bite the bullet and move on.