RGSE
Phew.. Wanted to buy the b/o of pre-market high but it was so close to 6 so wanted to buy it at 6.01.. I didn't get my fill and I let it be. This had alrdy broke out last night so I knew this was going to be a very quick trade and since it was alrdy at 6.40ish, I didn't chase.. Thankfully, I didn't.. Kind of like how AKAO did in december, it whipsawed HARD..
Ross also only got 200 shares filled at 6. He admitted getting FOMO and was irritated he didn't get a minor fill so he stacked 7500ish at 6.50.. 2mins later it dropped and he got stopped out at 5.75. Nasty, this is eerily similar to my AKAO loss where I felt FOMO and just chased hard into a whipsaw. Seeing even Ross get hit hard, 5.5k loss in 2mins.. makes this course all the well worth it if it can get finally get me to change to stop chasing. If I miss the entry I wanted, I'll let the stock go..
DRYS
Called out in our FB chat my entry on DRYS before the market open b/o 3.8. After missing RGSE and just watching Ross take that nasty loss, I jst decided to sit back and watch. Called it a day and took a shower when DRYS failed to b/o 3.8. Looking back.. the 30m chart was downtrending while everything else was uptrending.. As soon as the 30min chart aligned upwards along with all other timeframes--broke out of 3.8 and touched 5. I've seen this happen before but I still need a larger sample size before I use money on this strategy/phenomena..
