Chart Example: After Hour Uptrend
Result: 100+ Loss
Rules Broken: Dont buy Stock with less than expected loss
Dont buy Earnings winner which dont hold up after hours gain
Cut losses Early
Supposedly an earnings winner
http://seekingalpha.com/news/3227162-21vianet-group-beats-0_13-beats-revenue
But it reported better than expected loss. I bought it after it spiked 3% after hours. Didnt hold the gains. Pre-market it spiked a little bit but i didnt get out, could have taken a loss of 50 but didnt. It downtrended all morning then finally came back up, I bought it around 7.77 sold it around 7.68
Lesson: Dont buy stock with loss
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