Posted On: 03/23/2014 12:50:41 PM
Post# of 2559
AEZS Daily Chart ~ Halted in Its Tracks by the MA200
Ok, I have to share my bonehead move that I did the very next day after the stock hit 1.52 on a large, one day spike. Although was outside the upper bollie, I didn't follow thru on the 'always a good idea to peel some or all of one's position off when a stock gets too far outside the upper bollie'. The result was selling the stock the next day in the 1.36 - 1.42 instead of the high 1.40s and low 1.50s offered up the day before. Although my entry in the low 1.20s was good enough for a 12% gain in three days, it should have been in the 16%-20% range. A profit is good, but a boneheaded move can cost you lost profits. Plan your trade and trade your plan. Simple if you stay disciplined and execute. Won't be my last error, lol. GLTA
Ok, I have to share my bonehead move that I did the very next day after the stock hit 1.52 on a large, one day spike. Although was outside the upper bollie, I didn't follow thru on the 'always a good idea to peel some or all of one's position off when a stock gets too far outside the upper bollie'. The result was selling the stock the next day in the 1.36 - 1.42 instead of the high 1.40s and low 1.50s offered up the day before. Although my entry in the low 1.20s was good enough for a 12% gain in three days, it should have been in the 16%-20% range. A profit is good, but a boneheaded move can cost you lost profits. Plan your trade and trade your plan. Simple if you stay disciplined and execute. Won't be my last error, lol. GLTA
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