DNA Brands Inc (DNAX)

[Ed the Trader]

"i made 15 straight perfect day trades.. until this buy at 23"

If you had a run of 15 profitable trades in a row before you got nailed on one, then you really should not be complaining because that sort of run does not happen consistently.

If your unrealized losses are really bothering you that much, cut your losses now and move on to something else. You can recover your losses here on the next trade. You are not required to beat this stock in order to actually win.

If you really think DNAX is going to drop that much more, cut your losses now and repurchase when it hits the bottom so you have a chance to recover your losses directly from this stock.

As others have pointed out, patience often wins in the end. If you insist on being just a pure daytrader, then you probably need to learn to bail out on anything that ever drops 2-3 ticks. You will lose more often but you will not lose much when you do lose. I personally have more patience than that. I usually buy planning to sell soon but when that does not work out, it is okay to hold for days or weeks or months to recover a profit. Of course, that depends on your trading style(s).

I'm now down over 2 grand on DNAX and I am not worried at all. People here do not realize what a potential gold mine they are sitting get on. You are all talking about hoping this goes to a penny. DNA Energy is competing successfully with Red Bull and Monster in the same retail store coolers for a sliver of a $9 billion market segment. Monster now trades at over $65/share! DNAX trading at $0.01 should be child's play in the very near future. I expect to see much better results than that.