Full Story: Bang Bang The Sly Foxy

Multiple Trade Bang Bang - I Love his Confidence

So the party started at 08:40 ish and I had a cha the glassi ready for Bang Bang, this friggin 2 year old texted me and said "yo I ate cereal" - BUT how is anyone gonna not drink my cha? This man gulped down the glassi and put it to his face like a Cold Shot in the summer heat!

1) The Late Entry. The Really F'n Late Entry.

Now we entered this stock LATE, even though Bang Bang and I had reviewed it in the morning and I told him I don't lie when I say this ask Bang Bang I told him "watch this stock go up, then we will find a pattern" I originally told him it'll go up to possibly 14.40-14.50 and reverse. Look in the chart and it reversed around 14.10 ish. YES I was off but .40 cents but did it reverse? HELL F'n YES. We honestly weren't even paying attention, so just to show Bang Bang a trade we entered into this trade MADDDD late. Look where the "ideal" entry is and THEN look where we entered. We were making money at one point but it was shi*ting in our pants money. I didn't feel comfortable at all and I took a small loss and said "on to the next one".

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2) We Too Slow. Missed this Nasty Trade

Holllllllyyyyyyy Mollllllyyyyyyy. That is all I can say. Look how BEAUTIFUL this setup is. Something this clean and se*y doesn't come along so often but Ahhhhhh I was holding my HAIR and tryna rip out the hair that I had left over from my HAIRCUT! I know 100% when Bang Bang reads this blog post he's gonna go cry, this is just sad sad sad. Open the chart now! Look at the consolidation, $NFLX went up, it came down, it consolidated and right there, right where my yellow box is, that was the BUY signal. What really happened, my calculator on my computer was too SLOW (really I was too slow). I saw this setup and started screaming and started calculating how many shares I needed to trade, by the time I was done the stock went KABOOM, it blasted through. So honestly, if you consider what happened today, we missed out on massive opportunities, all 3 trades had so much potential, our mind were in the right spot but execution wise we got shi*ted on by the market gods.

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3) Order Slippage. No Fill. Late Entry. Poor Management.

So check this, order slippage will happen, just like any other industry slippage occurs. You own a grocery store and your client will slip on a banana peel. You drive a manual car and your transmission will slip. (I don't know, maybe automatics slip) BUT SLIPPAGE OCCURS! Sometimes orders that are pending which means waiting to be filled when the stock hits a certain price DO not get filled and that is exactly what happened here. Typically if a order does not get filled I cancel right away because HELLL NAWWWW am I gonna lose any money by getting in at the wrong price, but I believed in us, I had faith, we Indo - Canadians, so we stood our ground and got filled at the worst PRICE ever. I also changed the game plan while we were in the trade which caused me to exit the trade and take a small loss. That is what happens when you slip, you aint getting back up easily cuz your a*s is going to hurt. But, the sun will rise tomorrow.

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My Thoughts on Bang Bang
If Bang Bang keeps up his positive attitude, I mark my words he will be successful. If he doesn't make his own blog, I hope he fails. We go way back, I know he can do this.