A new trader looking for some advice. How do you go about picking another rmx style run on a speculative stock? I lost $1000 this morning trading rmx on open. Which is too much for me to lose, trust me. I panic sold. I set a limit of .025 this morning, and just missed out with the .027 open i then watched it rocket to .032 and quickly bought at market price. It then dropped to .027 and i got out as a stop loss. I got lucky the other day making a quick $800 on fge in half a day. Everything i seem to touch goes down, even when i buy on dips in more solid medium cap companies. I dont have the patience to hold anything.
Anyone been in my situation before or have any advice? Im very very new to trading, and have put $11000 into comsec over the last 6-12 months which is now worth $6000... sadface.
