I'm trying not to kick myself right now. I bought this morning a biomedical stock with news. Great pick! I bought it and it went down. Made me feel iffy. I figured it would pump at open, so I set a 6% gain for a sell, and it sold. Now it's trading at a 65% gain. Oh, well. My goal is to not have a grand slam and to get consistent gains which I am. So, I shouldn't cry over spilled milk.
In good news, my strategy appears to be working well, so I'll stick with it for now.
Yesterday, I did not follow my strategy. I had stuff to do in the morning, so I wasn't able to trade premarket. When I got home around 10:30, I decided to do a trade anyway. I picked a bit of a dog, but it has reddit support. I would have lost 10% had I sold it at end of market. I decided to keep it into after hours as I have found these meme stocks to rise in the extended hours with lower volume. Fortunately, I was able to get out of it first thing this morning at a 1.1% gain. Lesson learned to follow strategy.
TICKER: SOS
Price Paid: $6.17/share
Price Sold: $6.24/share
Gain: 1.1%
TICKER: INVO
Price Paid: $5.90/share
Price Sold: $6.30/share
Gain: 6.8%
Total of my $100: $237.53, a 8.1% daily gain
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