Small account challenge, Day 2:
Today I played $ECYT an overnight hold pick. I’m really focusing on 3% gains per day, and not losing (because I’ve had a few big losers this month and prior). So I took a position size of 270 shares @ $3.59, and boom sold at $3.70 which was my target.
I missed a lot of upside potential on this stock because I couldn’t watch it as close as I wanted to because of work. So I couldn’t sit down and hold the trade. It actually hit $3.95 in the first five minutes of open and held $3.90 until almost 10 am. So I could have made 8-10% instead of just 3%.
But two things you never do: celebrate unrealized profits, and cry over taking profit too early.
I locked in $27.63 gain and never had to quit working.
I want you to look at how close to close and to open I bought and then sold this stock. This is from trading confirmation: