Sunday, April 23, 2023

MRC March 16 2023 (WIN) +2.33% or 210 Pesos

 




Buy Price : 0.2250 (March 016 2023)
Sell Price:  0.2330 (April 24 2023)
Number of Shares: 40000
Gain/Loss: +210 or +2.33%
Catalyst: I was watching this stock since last month of February because it got its new 52 week high at 0.3150 and I noticed that it was up by 85.50% from the bottom of 0.1700 so I use the Fibonacci Retracement at 618 lvl which is .2253 so I entry at .2250 which is cool but the time I bought it, the price goes down to .2150 which is pretty cool and I didn't sold my shares yet because I wasn't watching the market(I was reading a book called Give and Take by Adam Grant). Now the price went back to 0.2210. I should have sell my shares last March 22 because my profit should be 8% which is in the range of my winning percent but I decided not to sell it because I believe the price will go wild but the sad part is it goes back to .23ish but still I'm in a winning position. I'll just wait for another days or week. April 12 and 13 the price went up to 0.2370 and still im not selling my position and its so sad because I didn't get the profit of 7% and the bad news is it went back to 0.2180 and the good thing is I didn't sell it but the reality is Im still a loser because I didn't take the profit of almost 8% gain. And today April 24 2023 I already sold my shares of 0.2330 which is equivalent of  2.33%. 

Lesson: If you hit your target price execute it already dont wait to let your profit lost

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