Thread: Daytrades

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  1. #1
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    Daytrades

    This is annoying. Traded BLNK this morning and closed at an alright profit. Now it's up another 15% and is running hard.... That's happened to me on the last several trades. Anyone else having this issue, or am I just in a slump?

  2. Stocks/Investments Moderator boneil's Avatar
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    #2
    you can't use slump to describe closing a day trade with a profit.
    Thanos was the hero

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    #3
    Quote Originally Posted by boneil View Post
    you can't use slump to describe closing a day trade with a profit.
    Yeah, I guess that's true. Just annoying missing bigger profits, but that's part of it, and hindsight is 20/20

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    #4
    I think this happens alot, especially if you trade quite a bit. Last time this happened to me I had a .15 a share average in SGBX, got impatient and sold it. Four days later they drop a pr. It ran to 9 dollars a share. I try not to think about it. I've also got lucky every once in a while.

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    #5
    Quote Originally Posted by rtfishn View Post
    I think this happens alot, especially if you trade quite a bit. Last time this happened to me I had a .15 a share average in SGBX, got impatient and sold it. Four days later they drop a pr. It ran to 9 dollars a share. I try not to think about it. I've also got lucky every once in a while.
    Oh dang, that's rough. I think one reason it really got on my nerves is it happened twice in a row on two different stocks. Part of it I guess

  6. Moderator 200xp's Avatar
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    #6
    I used to look, but I stopped that. I just reminded myself that there are just as many times I would have lost big on a stock if I would have held hoping for big gains.(I have had that experience). I try to follow it up with downside protection in place, but I will take 5 to 10% all day, every day and be happy.
    It is a tough game to start with , let alone holding for a home run. However, do it long enough and eventually you will hit one out of the park.
    What we cannot obtain from intelligence, we can learn from experience.

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    #7
    Quote Originally Posted by 200xp View Post
    I used to look, but I stopped that. I just reminded myself that there are just as many times I would have lost big on a stock if I would have held hoping for big gains.(I have had that experience). I try to follow it up with downside protection in place, but I will take 5 to 10% all day, every day and be happy.
    It is a tough game to start with , let alone holding for a home run. However, do it long enough and eventually you will hit one out of the park.
    Yeah, that's true too. I tell myself every time as soon as I sell to shut down and not pay attention, but it's hard to do sometimes.

  8. Official Lip Ripper' haftafish22's Avatar
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    #8
    The otc plays that I play, many days I go in and out and then delete it from the watchlist. I hate looking lol. Profit is profit. Take it at your target and move on. Hindsight trading/ double dipping, many times will take your gains from the previous trade plus some. Lesson learned too many times to count bro. Hell we even talked a few months back when I obliterated my account with halted penny stock bs. Play safe, because greed will get your money stolen or locked up haha

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    #9
    Quote Originally Posted by haftafish22 View Post
    The otc plays that I play, many days I go in and out and then delete it from the watchlist. I hate looking lol. Profit is profit. Take it at your target and move on. Hindsight trading/ double dipping, many times will take your gains from the previous trade plus some. Lesson learned too many times to count bro. Hell we even talked a few months back when I obliterated my account with halted penny stock bs. Play safe, because greed will get your money stolen or locked up haha
    Yep, that's exactly right