Buy Price : 1.8 (May 24 2023)
Sell Price: 1.7 (May 23 2023)
Number of Shares: 7000
Gain/Loss: +197 or +2.34%
Catalyst: I previously bought this stock at 1.80 by using Fibonacci strategy (see here:), what I'm doing now is buyback shares again 1.80 with the same volume of shares at 7000. the price went down from 1.90 to 1.80 which enable me to execute my trade, then the price goes up to 1.86 which I didn't sold and the closing price today is 1.81. Below are the Trade Prices and Buyer and Sellers Picture which happened today (May 24 2023).
Today (May 25 2023) The price went down to 1.69. I should have the chance to sell it at 1.78 but I waited for confirmation if the price goes down below 1.75, I was shocked that the price fell down to 1.69 so I decided to sell it at 1.76 (but the trade is not yet done). Below is Buyer and Seller's Action
The price went down to 1.68 and the bad news is that I did not executed my trade which I want to sold my shares at 1.76. I should have sold it when the price touch at 1.75. now I lost almost 8% of this trade which is pretty nasty. I hope tomorrow I could sell it at 1.75-1.76.
Today (May 26 2023) The Opening price is at 1.71 and immediately the the price went up to 1.77 at 9.37 am and i was to slow to sell at but I have plan to sell my shares at 1.77 and currently it is not yet executed. The 3000 shares was sold at 1.77 and 4000 shares sold at 1.70.
LESSON: CUT LOSS QUICKLY, DON'T HESITATE TO CUT THE LOSSES QUICKLY. ALWAYS TRADE SCARED
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