June 2nd | Trading Stocks
stocks finally opened for negotiation, it was $ 5 per share. It was a haircut of 61% for the stock. Today was one of those days and were unlucky holders of shares of MSTR. MSTR is a peak at 333 and pulled back to 226 3/4 where it closed Friday. After the bad news, the stock gapped down to 109 1/4 and closed at 86 3/4. He lost 140 points during the weekend from its close on Friday. It was a warning sign for me, a reminder that much of the risk management is to plan for the worst. I exchanged MSTR in the past, so I was familiar with the Slock. In fact, I remembered at least one incident where I had the stock overnight in the past, and when something like this happens to a stock you have done in the past, you go the danger you were in andtheriskyouweretaking. ItookthisincidentasawarningsignasIwas looking to make my first job. I followed my six candidates and none of them triggered a configuration has been looking for. Certain distance and negotiated down, while some downbelowthesupportlevelswhichIwantedtobuythemat incomplete. Itwasbecoming a very frustrating day. The indices were trading in opposite DIREC tions. While the Dow Jones rose 85 points, the Nasdaq fell 179 points. 24 25 I was very disappointed that I did not pull the trigger on a trade that I hadplannedfortoday, IfeltasifIwasabridewhospentthelasttwelve monthsplanningawedding, butthendidn'thavethenervetoshowup. And you, myfriends, aretheguestswhohavebeeninvitedtotheweddingonlyto know that there will be no ceremony. I'm sure you are just as stressed as I am gone, but the disappointments come from Wall Street on a dailybasis. Itisapartofthejob. AlthoughIdidnotexecuteanytradesto day, I realized, how important were the lessons learned on the first day of challenge.
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Tags: Day, early, The, two, Warning
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