Monday, 22 April 2013

How $HAS bent me over

$HAS

Now I wrote a few days ago on "How to: Blow all Gains in 1 day" read that and then read this. I did it again, I can't believe that in the last 3 trading days I lost over -$200. Tomorrow is another day? NO  tomorrow is not another DAY when almost back to back days it has been loss after loss. This play was due to me being childish and impatient, I wanted to be a PART of the big BIG upside move in $HAS, little did I know $HAS had a plan to strip me naked and send me back to my drawing board crying and helpless. This cycle is horrible, this is what knocks some traders down. I was having a few good weeks, I was having some consistent plays and getting my act together thinking this blog be my savior, but NAH, $HAS just had to take its pants off and bend me over today, now its gonna take a good month to recover from the thrashing. I'm hurt. It ain't fun being bent over by a stock, trust me. It also isn't fun when you have no control over your emotions, this was a pure emotional play, I went in this play thinking "I want to be a part of the upside move" and look what happened. Not only did I lose money, I was in rage and started buying more shares the lower the stock went, this is like when an airplane is out of control, its spiraling down and there is NO floor because the SKY doesn't have a floor and same thing with this stock, look where the floor was, the floor was at 46 dollar range, that is equivalent to when the plane hits the ground, game is over homies, get out the rescue crew.

I will mark this trade as my 2nd or 3rd failest trade in history. Take a look at the chart people.

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Now match my trade tickets with the chart and you'll see how much of a fail trade this was. There was absolutely no pull back, the stock shot up, I thought there was a pullback but really it was disgusting, it was a fake, it caught me and I became emotionally attached like the Brampton psychopath boy I am. A real pullback play is this, click here and scroll down to "We too slow. Missed this Nasty Trade" a real pull back and that was what I was hoping for.

*Right click image, open in new tab*

Click Links below to view my previous trades

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