Daytrading September 14 afternoon, page-46

  1. 6,591 Posts.
    lightbulb Created with Sketch. 256
    IAM unfortunately for holders, this is what happens when you hype ramp pump and jump over a stock. It sucks in all of these weak hands at the top, that then crush the share price with fear. Same happened with IOT, XPE, and hundred of other stocks. At the end of the day, hype might give you a week of excitement, but unless you cash in on it when everyone else is screaming to buy, then you end up with single digit percentage profits, if any at all. Of course there's 20 or so that would have made many bags on this, but the majority are staring down the barrel of their profits from last week being wiped out. The art of a good trader is not knowing when to buy, but when to sell.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.