The daily chart got me!!!!! plus the news basically saying this company going to 0. when 100% of world thinking it's going down to zero but the trend holds, that's a buy signal!!!!! I don't regret my short in the morning but I hated the most was even after CANN and CBDS's mistake I still haven't learned my lesson. I thought this time might be different. The price action is extremely trappy!!! When it cracked morning support I really thought that's the beginning of the end. I should have covered into the grinding action followed by the crack. Turned big winner into big loser!! Unacceptable!!!! This is the type of play you gotta buy/cover when it looks ugly and sell when it looks strong. I even tried to short into late day weakness and ate another few hundred loss. It reminds me of MR's saying yesterday:
Friday, October 21, 2016
10/21_BTUUQ_shitty day, toooo biased and stubborn!!!
The daily chart got me!!!!! plus the news basically saying this company going to 0. when 100% of world thinking it's going down to zero but the trend holds, that's a buy signal!!!!! I don't regret my short in the morning but I hated the most was even after CANN and CBDS's mistake I still haven't learned my lesson. I thought this time might be different. The price action is extremely trappy!!! When it cracked morning support I really thought that's the beginning of the end. I should have covered into the grinding action followed by the crack. Turned big winner into big loser!! Unacceptable!!!! This is the type of play you gotta buy/cover when it looks ugly and sell when it looks strong. I even tried to short into late day weakness and ate another few hundred loss. It reminds me of MR's saying yesterday:
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