PDVN is a prime example why I don't day trade near as much as I look for long term plays. In at .05 for 200k out at .17 then dipped to .11 and looked completly done, or so the chart indicated. I thought to myself great sell daytrader Shawn, now at 2.50 after a high of 3.30 only two months after I sold...how much did I leave on the table....oh I don't know about $200,000 to $400,000.
Finding it is hard to trade both ways, blurs a person's thinking. This is a example of trying to play both sides and how it can cost you.
Longs is where the real cash is made. Holding several multi baggers right now, and I am holding for serious dollars.
Happy trading,
Shac.
With trading you must conquer your emotions and be very disciplined about your goals.
