Syndicate

Home arrow Trading Chat arrow I learned a VERY important lesson
I learned a VERY important lesson E-mail
Friday, 20 October 2006
Well this morning [b]I lost over 710.00[/b] in one second, which is my single biggest loss to date.

I feel numb...for lack of a better word. I never lost so much money so fast lol.

[b]BUT[/b] I learned a lesson, and that is, [i]if there is no volume to support a huge gap...for god sake, dont buy![/i]. I had this feeling something wasn't right when i looked at the daily chart for FLSH...Even on the day of the gap, there was no volume, yet I bought anyway ignoring what the chart was telling me.

Now at the time of this writing, FLSH is down 9.35 a share.

Live and learn.

cm69


Read more at:

 
< Prev   Next >