I try to stay away from those penny stocks. Anything under a buck for sure. The more I trade the more I’m shying away from the cheaper stuff. It’s quick money but that money goes both ways. I’ve traded NIO a bunch. If you chart it out it’s got support/resistance lines every .50-1.00. Pretty predictable.@Hotwired
On 7/13/'20...
I hit sold instead of the buy tag on the €/$
Locked in at .13035...
On a .13001 daily low.
.30 cent position went $2,119.50 in The Red.
I had made $179 - $257 on .20 positions 4 days straight before that horrible flubb up.
Thats 895 -1,285 points per day. If
I wasnt being a smug smart arse I would have clip the balloon right after the mistake. Sorry, ice cream on the sidewalk.
Instead I torched a 4,475 - 6,425 point week.
All because I was to over confident, arrogant, an to lazy to end the trade instead of trying to slack off on the next days low.
I lost $40k for every penny it went down.$2M = $46K
or
$2M = $870 a point??
Wife has series 3, 6 and 7 too I think, doesn’t know shit about trading had them for her old job.I dont like ETFs...
I like spot trades...I have been thinking about my series 3.
I dont have anything to lose by getting it.
I still watch oil cause I'm addicted but I don't trade. My account was fully closed many years ago. I just chart watch now.@Hotwired
Did you see WTI on 4/20 of this year!? I saw it...an knew it was the buy of the year an didnt have access to the market.
Then had to watch it bounce back...
in my