NAK shot
I made a bunch of money with NAK on the ride up, then lost almost all of it on the crash down.
The crash (30% down in a day) really shook my emotions which hasn't happened in a while. As a result I traded in and out and gave up another $1000 or two in profits. At the top I was gloating about 250% 1-year returns, so I guess I deserved to lose it. Overall, it has steeled my trading discipline and taught me to be happy with my account no matter where it is. Emotional trading is absolutely dangerous.
Starting over. Long NAK (filled at 1.216) with this long tail at the daily 200ma. Stop below 200ma for now, looking for an oversold bounce to $1.6, then $1.9.
The crash (30% down in a day) really shook my emotions which hasn't happened in a while. As a result I traded in and out and gave up another $1000 or two in profits. At the top I was gloating about 250% 1-year returns, so I guess I deserved to lose it. Overall, it has steeled my trading discipline and taught me to be happy with my account no matter where it is. Emotional trading is absolutely dangerous.
Starting over. Long NAK (filled at 1.216) with this long tail at the daily 200ma. Stop below 200ma for now, looking for an oversold bounce to $1.6, then $1.9.
Transaction en cours
I actually rode this slightly below the stop, it rallied and I sold at 1.46.I'm back in at 1.37 today, with a close stop (1.31).
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.