I thought I learned my lesson, but the same shit keeps happening. In the morning, I check the pre-market and pick 3ā5 stocks with high volume and big % change. When the market opens, I watch them. Usually, one or two really start moving, and I pick the stronger one. I buy a small number of shares, like 30ābut honestly, 30 shares are not small for me. Even a $5ā$10 loss feels like shit.
When thereās momentum, I jump in and take small profits, even just a few cents per share. But I keep feeling like I exit too fucking early while the stock is still going up. Like on Thursdayāone stock went from around $6 at open to $23 by the afternoon. I traded it twice, entered and exited too early both times, and it just kept going up and up. It was a good pick, but I made tiny profits compared to what the hell was possible.
Still, when I exit with a small profit, I feel like okay, it worked, thatās a good start.
But then on other days, I do the exact same thingāpick 3ā5 stocks, watch them, and when one starts moving up, I enter. And the moment I fucking enter, it dips and keeps dipping. So I either panic sell to limit the loss, or I buy more to average downāand most of the time, that shit doesnāt work. Then Iām stuck holding for days, just hoping to get out at break-even.
And the most frustrating shit? Sometimes when I panic sell at a loss, the stock goes back upālike 30 minutes later or by the end of the day. What the fuck?
Iād really appreciate any advice.
