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Strategies & Market Trends : Longer term short term day trades.

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Recommended by:
CusterInvestor
From: Steve Felix7/1/2020 10:17:44 PM
1 Recommendation   of 1933
 
Caution, not something posters on SI are prone to do. You may not be used to it. lol!

It's not honest if you don't share it all, including the bad parts. Stupid may be a better fit.

How many times does it take to learn something?

Owned 500 from before the name change.

06/03/2020 09:55:18 Bought 200 VRML @ 3.81 -762.00

06/04/2020 12:17:31 Bought 300 VRML @ 3.25 -975.00

06/12/2020 07:00:40 MANDATORY - NAME CHANGE (AWH)

06/18/2020 12:34:55 Bought 300 AWH @ 4.235 -1,270.50

06/29/2020 10:47:29 Bought 200 AWH @ 4.925 -985.00

06/29/2020 11:47:54 Bought 300 AWH @ 4.77 -1,431.00

06/29/2020 12:33:32 Bought 300 AWH @ 4.4601 -1,338.03
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Even though I was adding on the way down, I was adding to green. Avg. cost was $4.22.

06/29/2020 13:15:11 Sold 1600 AWH @ 4.13 6,607.66

Lost $150 on a position that was +1200 at one time. Really not a big deal.
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Looking at the chart, I was thinking ( bwahaha ) it was a shake out, so I bought some back.
Altogether too much to start with:

06/29/2020 13:18:24 Bought 1000 AWH @ 4.1183 -4,118.30
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Since stupid is as stupid does, I added to RED:

06/29/2020 13:29:18 Bought 1000 AWH @ 4.0499 -4,049.90
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Then, in the - I know I'm right, you don't have to show me department, I added to even more RED:

06/29/2020 15:26:08 Bought 1000 AWH @ 4.02 -4,020.00
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That is when they had me. Being in BIG RED, I start thinking ( bwahaha ) it is one hell of a one
day drop. There must be something I don't know. Discretion is the better part of valor.

And I sell 2/3 at the absolute low of the day.

06/30/2020 13:12:12 Sold 2000 AWH @ 3.25 6,499.62 $2000 down the tubes

Back to holding the original 1000, which should have been 300/500.

Problem is that I don't think I learned anything. All I had to do was follow rules I already had.

I could have walked away from the stock with a $150 loss.

I could have even walked away after I bought 300/500 back. They could have gone to zero
and I wouldn't have lost as much money.

Now to write on the black board 1000 times: Hello, I'm Steve, and I can't follow simple rules,
so I lose my money..
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