[Feb 21] Sea of Red
It's almost 1 month into my trading journey. Out of 5 stocks I entered for Position Daily, 3 are in the red (I'll ignore Colfax as I just entered that yesterday). PLTR My biggest loss at the moment (-20%), and was my very first purchase. I must admit I didn't do my own diligence and just followed what my friend said. I'm not blaming him, I'm blaming myself. I didn't really like the consolidation (too short) and I probably wouldn't have bought it on my own. I also made a stupid mistake of selling a Put when the stock price was high - have to remember to sell those at a swing low instead. Ended up being assigned and now stuck with 100 more shares. Nonetheless, the company sounds promising, and based on everything I'm reading I should hold it for a few months. I've a feeling if I follow TGPS' rules I'll have to exit it, but I'm going to ignore it, just for the fundamental value. Maybe it'll be an expensive lesson. It already is. WDAY ...