Classic Newbie mistake and #1 reason why 95% of Newbie Day traders lose money. You go long a day trade.
You are making $1,000
You don't sell because you think it could be the next Scam stock like $NNDM and go up 100's of %
The industry shorts. Stock drops then you sell for loss
Conversation
I feel like everybody should learn how to trade long before they start day trading
Look at this rookie mistake. The stock kept halting and I knew one time it was going to dump, so I put a stop loss at $2.70. Big mistake!!!! After the halt my stock was sold off at $1.56 and the chart never even showed it dip that low. Says open at $1.60 but it popped right back
I shouldn’t have set a stop loss. I should have set a limit sell if anything