A Scenario to Avoid:
– Stocks (usually penny stocks) that have a supernova spike
– It is spiking incredibly high, but you enter short
– You’re looking for the decline to happen right away, but it keeps increasing
– You were right that it would decline, but it happened later than you expected so you take a loss
– Even though you were right, you still lose because your timing was off
#stocktrading #tradingmistakes #stockmistakes #tradingloss #lossmentality
Posted at: https://tradersfly.com/blog/stock-trading-mistake/
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All of the stocks mentioned in this video along with any other videos we have are opinions and not investment, financial or legal advice. These videos are for general education, information, and entertainment. Do your own due diligence and consult with a registered financial advisor before taking any position since everyone has a different risk tolerance.