what the fuck was I doing???? took day off yesterday and came back today still feeling sick and headache. Made emotional and just stupid decision by buying it. being part of the bull crowd which got me into big trouble. A typical fallen star chart. threw patience away, threw rationality away, desperate of making money, homerun mentality, etc..i knew it was not right to buy it but somehow I still did it.. can't help it. I paid my price-$526. 2 lessons learned today: 1) NEVER trade when you are not feeling well. 2) NEVER buy a stock that is spiking, DON'T be a chaser!! it's not worth it!!!!you may be up a little on your p&l but all it has to take is the next pullback to put you under water!!
I hate fucking up good setup!! why don't you take advantage of morning emotions??? this is a classic chart for shorts!!!! use the former resistance as a guide!!! the reason 90% of people lose money because they are chaser. they buy what is moving up and short what is moving down!!! in order to beat the market, you gotta be a CONTRARIAN!!!! when people panic buying, it's a short!!!! this setup happened again and again and I kept making same mistakes again and again. People talk about consistency on making money on daily basis, I also have consistency losing money on daily basis. please CHANGE!!!!!
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