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Re: carbonic44 post# 17402

Tuesday, 07/27/2010 6:31:08 PM

Tuesday, July 27, 2010 6:31:08 PM

Post# of 47295
My 3rd re-enter high, on a price spike day, shows speculation is a high risk trade. Lost 20% on YRCW today. I'm moving on to the next trade with 30% over all.

PS; the candle didn't look like a price spike when I re-entered. But I should have waited to see how the day finished before re-entering. A rookie mistake! Must admit there was some emotiuon involved. I believed the run would continue mid day! OUCH LOL

You would think by now, I learned from past mistakes. Human weakness. Emotion, Hard to not chase a running stock, after banking 50% profits.

Like I say been there done that. Still doing it from time to time.
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