MNS 0.00% 4.2¢ magnis energy technologies ltd

MNS - First entry was 14.5c I added last week at 13.5c I just...

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    MNS - First entry was 14.5c
    I added last week at 13.5c
    I just cut the loss today dumped into 13.5c
    Annnoying or what?! I was in slight profit had a chance to sell into 15c BUT I didn't realise I was in profit AFTER brokerage costs. Had I have known, I woulda made a small $30 - $50 win. Im sure I lost atleast $100 on it.

    EDIT: WTH I actually took a -$209.85 loss! OMFG had no idea it was that bad off a 1c move against me! gotta find a 20% winner to swing just to make that back off a $1,000 trade..

    Not a major loss as I am protecting my capital and bringing back the trading discipline but I have to say I am still so damn effing annoyed. This still has supply to churn through. If it can't close at 14c TODAY on decent volume (none of this 200 shares at the close BS) then it has a chance. Until then.......they gonna try drop as low as 10c short term. Reminding me of KYK big time! Ugliest feeling when a stock goes against you.

    EDIT Pt 2:
    Price action stinks! Can easily still drop to 10c = another 30% loss. Was not willing to risk that. When in doubt get out! Can't believe I got a first trade it in really well. Stop beating yourself up ADEM!

    Proudly,
    The Only Hotcopper Transparent Trader with Ballz To Show Statements (new signature perhaps)

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    Last edited by Cheeky-Charm: 20/01/20
 
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