Posted On: 03/06/2014 6:55:28 PM
Post# of 17862
fair enough... i think the hardest part is getting out to early or too late... getting in seems to be the easy part thus far. Tim Sykes says to trade like a Sniper... get in quick and out quick but I have seen him leave thousands on th etable getting out too early so its hard to say how my patience threshold will hold up...
todays example i bought PXLM on news they have a deal that includes Apple (no brainer right... HUGE news)... I bought at $6.65 and watched it tank in the AM to $6.35. That made me nervous so I sold it it when it surged back up to 6.80 lmao It closed around $9.00 a share ahahaha. I am a rookie through and through but I learned a good lesson.
I bought too early... should have let the market playout until it topped above my initial buy price and held... the news was too good. I forgot why I got in the stock and played the #'s like a rookie. i will learn
todays example i bought PXLM on news they have a deal that includes Apple (no brainer right... HUGE news)... I bought at $6.65 and watched it tank in the AM to $6.35. That made me nervous so I sold it it when it surged back up to 6.80 lmao It closed around $9.00 a share ahahaha. I am a rookie through and through but I learned a good lesson.
I bought too early... should have let the market playout until it topped above my initial buy price and held... the news was too good. I forgot why I got in the stock and played the #'s like a rookie. i will learn
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