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Here's the craziest part. They bought $SLS for a DAT TRADE. Up 100%. Didn't sell. Now it's a hold. No stop. They hold it for a week. Now Down 50% they give up and sell for a loss.When actually they should of sold up 100% and be buying down there when the bounce that comes
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What can go wrong for a new day trader who doesn't know how the market works? Well they could of bought $SLS for a day trade yesterday. Been making a 100% profit. Didn't sell. So now they hold. The trade could start losing $. They have no stop. They could lose 50%.