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01/02/19

15:33

Post #: 37301787
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Originally posted by jimmy1979 ↑

OT - Just a warning (and I know I have posted something similar in the past) - this is a day trading thread and as such stocks being called out here should be treated as such, i.e. gambling. If you get stuck have a tight stop loss.

Buying a stock, watching it drop 30% with you still stuck in it, is a horrible feeling. However that horrible feeling you have should be a means to learn how to be a better trader. Also you need to learn not to jump into a stock just because some poster here decided to call it out as "about to run" or "about to explode" or "hold on to your seats this is flying to the moon" without researching what the reason for the run was.

If we look back at January, how many people are trapped in stocks that they are now praying turn around. You see some still being called out here by trapped holders in the hope of causing some buying so they can offload and run. Don't get me wrong there have been some great calls, but keep in mind daytrading is gambling, and for every 1 good call there are 9 bad ones.

Just of the top of my head, here are some January runners that now have some trapped holders desperate to escape because they bought at the highs - RHT, E2E, WBT, AAJ, CZN, BCB, EN1, FEX, NVO, JAT. These stocks made a lot of good money for people that treated them as a daytrade and got out. If you bought hoping for blue sky, sad to say, it will be a while before another pump. 4DS is the only one that in a short time bounced back.

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Meanwhile

FEX - 7 Trades since News, and now holding one
JAT - 1 Trade and now holding one

Hope you haven't missed some great trading opps here, it is what it is, like it or loath it
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