daytrading oct 18 morning

  1. 32,461 Posts.
    Thanks HLL and contributors.

    Another wild and wooly day coming up. Take note that for all the hot stocks atm, the most discussed stocks on HC are still all the dogs from years back. Most punters are just unable to move on. Take your profits and losses and get with the program. I did. :>

    GCN. Sticks in my craw but yeh, once it cracked 1.1c it was a speculator. Punters always want to make their money back on the same stock that they lost on. Not logical, but that's the way they think. Gap at 2.3c, strong resistance at 4c level. It's a dog, but rat-cunning doesn't begin to describe the mngmnt. One day LYC will do a run like this.

    Gold up $40 but has lost trust. Hard one??

    It's hard to keep a cool head if your stock is moving hard. Check bollies and look at spike. They never last.

    Check open orders.

    Take profits and losses.

    Happy Trades.
 
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