The Bad Trades

After those winning trades I also have these bad trades that needed to be decipher to increase my batting rate in trading.

Let's start with CPM

I bought CPM at the price of 1.55 last 10/10/17 for a reasons of it was already consolidating at the top of Darvas Box midpoint which was 1.52, AOTS, MA's was spread out widely that means uptrend is still intact and my cut loss point was below 1.50. The padding that time at 1.50 was thick so I was confident that I won't sell that day but unexpected thing happened next , those volume at 1.50 was gone, so I panic and immediately sell the shares that I currently have (fyi, I don't have big buying power so I can easily sell my position) and yes my plan was to SELL BELOW 1.50 but got scared to lose more so once I see those volume was gone I immediately sell but my mistake was I didn't stick to the current plan.

After pressing the sell button, the price goes up...

Na-whip saw yung bata.. 😳

As of now bullish pa din sya para sakin and the strend is still intact.. when the time is right I'll try to buy back

Next losing trade was ALCO

Bought @ 1.05

Reasons for Buying:

(1) Gliidng at MA50

(2) RSI support at 46.55 but if it breaks below I will sell immediately

Issues regarding for Buying this stock

(1) Below MA20 which was a good resistance during its downtrend

(2) Below MA100

(3) Below midpoint of Darvas Box

(4) Revenge Trading Mindset "Dahil na-whipsaw ako sa CPM.. Babawi ako!!"  that moment I decided to put 70% of my port in this stock without reviewing deeply if it will suit on my criteria. 

 After pressing the buy button.. wth am I doing.. got dominated again by emotion.. 😭 

......

The price drops below the Darvas box and it broke the RSI support level and the rest was history..