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It's funny because 95% of day traders lose $ because they get caught holding the bag in the "PUMP & DUMP". Meanwhile I am the Master at trading the P&D. I get in early an out with my profit Fast Every Time! What is it that those Newbies don't understand?

8:23 PM · May 20, 2020Twitter Web App

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This 👇👇👇👇👇👇

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When I got caught in that I hoped it would bounce back up. Next thing you know you’re watching red and thinking , shit I should have sold.

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For me its ego, won't let me believe I could be wrong, especially when so much of my account is riding on it. And the fact that my pain threshold won't get me past the maximum divergence between where it is and where it ought to be! We all know it will get there eventually!!!!!!!

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I’ll tell you what they don’t understand. You can’t have a stop loss set during a halt. When it un-halts you’re going to get a price way below your stop loss. Then they try to jump back in to recover the loss and it doesn’t work out