FOSL, AQ, ERF, OSIS and SOGO . All trade ideas purchased
in the last week and a half with stop limits. Each moved
slightly higher when limit was hit, than dropped like stones.
Put what I thought was a sensible stop (allowing some room)
on each position shortly after purchase. Not a day trader, so
I took a small loss on each since I can't watch every tick in
the market.
Latest was VREX (another from the trade ideas watchlist), which
I was filled on this morning. As soon as I purchased it, it
too dropped precipitously. On the verge of hitting my stop
which would make that 6 out of 7 losing trades. Only winner
so far is EQH (modestly up).
What am I doing wrong, or am I just in a bad patch? Nearly
all the other trade ideas I pass over that Matt/Steve put out seem
to work. Just frustrated. It will pass. Perhaps I
should post my shortlist of trade ideas so others can avoid them.
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FOSL, AQ, ERF, OSIS and
Posted by RichieD on 27th of Jul 2018 at 11:55 am
FOSL, AQ, ERF, OSIS and SOGO . All trade ideas purchased in the last week and a half with stop limits. Each moved slightly higher when limit was hit, than dropped like stones. Put what I thought was a sensible stop (allowing some room) on each position shortly after purchase. Not a day trader, so I took a small loss on each since I can't watch every tick in the market.
Latest was VREX (another from the trade ideas watchlist), which I was filled on this morning. As soon as I purchased it, it too dropped precipitously. On the verge of hitting my stop which would make that 6 out of 7 losing trades. Only winner so far is EQH (modestly up).
What am I doing wrong, or am I just in a bad patch? Nearly all the other trade ideas I pass over that Matt/Steve put out seem to work. Just frustrated. It will pass. Perhaps I should post my shortlist of trade ideas so others can avoid them.