Buy high sell low!!!
Reasons for this can be listed below:
- Bought the meme stock due to the uprising trend.
- Didnt checking the company properly.
- Meme stock movement packed to Crypto currency. Unfortunately, Crypto didn't do well.
- Didn't set a proper stop loss limit.
- Too greedy for bigger gain.
- Bought the meme stock due to the uprising trend.
- Didnt checking the company properly.
- Meme stock movement packed to Crypto currency. Unfortunately, Crypto didn't do well.
- Didn't set a proper stop loss limit.
- Too greedy for bigger gain.
Transaction
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gGon : Do not make the losses realized. I would avg down and pull the trigger then on $BitNile Holdings (NILE.US)$
7-boy OP gGon : I do average down on a mature and growing companies stocks. For meme stocks, everytime I buy, these went down. I did not only suffer
losses, but also encounter intense stresses. So I decided to sell to move on and start over.
gGon : You might want to start looking into options with this strategy cause that’s not how trading stock should work. You would have literally made 25% less losses had you just bought half of your position at .50 and sold it the next minute. NILE, like many other STOCK, should be held long term. Options on the other hand should be rolled daily
gGon 7-boy OP : And keep the emotions out of it. Stressing is a natural but harmfuL factor of trading. It’s probably also making you buy high and sell low.
Shaul Heymans : I feel you. I bought at 0.76. Haiz
gGon : “When everybody is scared be greedy, when everyone is greedy be scared”
gGon gGon : Right now you should be greedy