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Re: SmurfVA post# 991

Wednesday, 02/12/2014 10:41:36 AM

Wednesday, February 12, 2014 10:41:36 AM

Post# of 6939
SARA - $1.14 Bought 2,000 shares @ $1.16

Sometimes I want to kick myself. I believe I'm very good at chart setup, but I have to remind myself over and over not to pinch pennies.

Case in point, SARA. I believed that it was about to make a pop. I had an order in this AM for SARA this AM for 6,000 shares @ $1.03. I could have had it for $1.04, but no.

Status Verified Canceled
Symbol SARA
Description SARATOGA RES INC TEX
Action Buy
Quantity 6,500 Shares
Route FDLM
Order Type Limit at $1.03

3 Minutes later it ran to $1.14. Emotions come into play, "hey dumbass" you missed your chart again. So, then I buy an entry at $1.16 even though it doesn't fit my chart. It still may do very well, but I need to trust the chart.

So my biggest problem to date, is trusting myself. I'll learn. Have to admit faults, to learn.


So, In SARA for a small 2,000 shares at $1.16. If it goes down to my chart "buy" I'll enter again.

Am watching ETRM and CBLI also (possible add to position).



These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.

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