I hope you went Long... by the way, why trade GOOGL? aren't there better symbols to trade? Symbols with lower cost and higher ADR?
I did. Why GOOGL? Good question I really don't have a good reason other than when I first looked at it, this stock had some upward momentum so thinking if I went long, the probability I was wrong would be less than average. This joy ride will end but hopefully now that I am reading charts, the chart can give me some warning.
To err is humane to persevere in the error is diabolic! that is exactly what I did last week, Shit! well, easy to fix, next week I won't do that no more, oh no!
Sorry to hear about your error. But perhaps if you do the same next week, it will come out a winner. That is obvious in trading.
Yeah, not sure about that... problem is not the error, but staying in the trade knowing it was going and kept going the other way, I knew I should have reversed at the first opportunity (even the second would have been OK) but no, I had to gratify my ego and hope things would change against all the elements of reality I was observing... it is hard to walk the path even when you know it for what it is!