Friday, August 3, 2018

Thomson Medical - A Cut Loss




Chased Thomson Medical at 0.083 the other day when it was breaking out and got caught in the dust where the sellers were locking in some profits. At that moment, I thought the stock was about to run but only to realized that the buying ceased temporary and I have to cut a loss. As the stock moved higher it, it created that fear and urgency to hop in faster or it might run further which what put me into a stuck position now. Longed 500 lots and have to cut loss although the stock looks ok in mid term. I am only looking for scalps and short term in this current market condition. Moving on to another stock and fight another day.

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Ronald K - Market Psychologist - A Stock Market Opportunist