Futures down big, can my stupidity pay off for once?
Life Is Short
- Thread starter realtrades
- Start date
Had a chance to cover for a smaller loss, didn't do it 
Wow, should have know, any pullback gets bought in this market.
No, I'm in a stock that was literately trading for pennies 6 months ago, then went on a 2700% run up.
Market down 2 days in a row and my short is laughing at me, unfazed by all the red going on around it.
I'm looking at the low it hit, if I had been able to get out there, it would have been only about a $110 loss, it spiked back up so fast though
I'm looking at the low it hit, if I had been able to get out there, it would have been only about a $110 loss, it spiked back up so fast though
What do you call a losing day trade that's not closed?
A swing trade
A swing trade
The mental strain of carrying a loss is just brutal, I got to make it through this trade, then make some changes, this is just not working, maybe with my lack of discipline hard stops might be the way to go, at least worth a trial run, gotta take my medicine tomorrow and put an end to this trade, hopefully I can get a decent exit and not the dreaded auto liquidation.
Of course I get the squeeze from hell, so basically gave away everything I've made thus far.
Back to square one, re shorted what I just covered, there were better plays out there, feels like revenge trading see how it ends.