Very pain to see Jumbo rises to 0.55 and our 1300 lots longed at 0.47-0.48 was just sold for a $10k profit which could have made close to $100k profits if we would have held on.
http://stockmarketmindgames.blogspot.sg/2016/05/jumbo-500-lots-down-with-market-depth.html
http://stockmarketmindgames.blogspot.sg/2016/05/jumbo-running-with-big-volume.html
On hindsight that's what I see, but moving forward in future, I have to be more patient, sit tight on the trade and believe my chart reading skills. The worst is after we sold, the stock collapsed back to 0.467-0.47, back to the price where we bought. That could have been our second entry point so that the $10k made can be used to pay commission for the second purchase. What a waste, but have to move on.
Ronald K - Market Psychologist - A Stock Market Opportunist
