Friends ask. Show us what you do with a bad trade?
So let's go over one of my day trades I had Friday $CDAK.
1) Let's start with this. KNOW YOU TRADE.
In this cash I am only day trading the stock. I'm trying to make some money and get out. I am watching the trade LIVE.
Conversation
I got out on the first drop with stop loss, although the stock bounced back later and I could have broke even! What’s your advice?
I’ve had CDAK on watch for a while now. Tiny float and huge institutional ownership. Have watched go from $12-$5 in the past month though. Once XBI turns it could really rip though
I still think $CDAK can fly. Many times when it takes heavy volume but doesn’t move the price much, it can take a day or two off, then go.



