MXL kept tanking in the morning and my 600loss yesterday was upto 1052 before I cut it.
I bough AMD right away around 10AM which was falling too. But bought it too soon, I bought it when it was around -3% but it kept going to a bottom of -7%, came a little up towards the end of the day.
This is MXL two day chart, it kept tanking even today, My hope of it recovering today was a terrible mistake
Buying AMD today was basically a force / revenge trade, I bought it at 10, it bottomed at 11.
At the bottom I was almost -1500$, I should have been more patient and should have let it show itself . Bottom RSI was around 20
NVDA also bottomed at 11, RSI was 10
RULES Broken: No stop loss used
Force trading
If I had caught the bottom it was several percentage upward potential. Now If I am lucky I may break even :(
No comments:
Post a Comment