hey guys.
yesterday was pretty bad. i was chasing mnk and i am still maximum bullish on this stock but the short term volatilty kicked me out. actually i would like to get in the stock again but only if we do not make new lows. i have to be patient and disciplined, traders tend to fell in love with stocks even if they got beaten up by them over and over- i dont want to be one of those traders. so I am giving mnk 1 last chance and after that i leave it aside.
today is a special day because most of the exchanges in europe are closed. i dont expect much volume today.
maybe we can get some nice opportunities.
my open position is still gopro. they will release earnings on friday i guess. i think most of the shorts are going to cover till then so the price might go up. i am closing the position at a spike or on thursday before the numbers!
as you know the live trades will be posted in the comments, so stay tuned
have a nice day
Happy Trading!
steemitstocks
Risk advice:
Trading-especially with leveraged instruments is very risky. You might loose up to 100% of your invested capital. Never invest more than you can afford to loose. Dont risk money you need for your daily or future living. I am posting all of my trades during that challenge. But that does not mean I advice you to trade them. I am not allowed to give any investment advice. I am not responsible for your losses. In short - be smart, watch your trading behavior and stop trading before you get in trouble.
pic of the day.