Biggest Loss of 2024

"this is a stock that was on my watch list from yesterday it was on my watch list yesterday because it was gapping up a little bit and I noted recent reverse split super low float this is something I should pay attention to"

"this morning when it starts spiking up I jumped in immediately I'd say I gave into fomo I had a little bit of fomo I had just taken a little bit of a loss on um btct and I came back swinging I jumped in full size adding at seven8 and $9 a share and well the chart speaks for itself you could see what happened it went from 650 to 7 I didn't get in until way up here so I'm adding at 8 850 and 9 it hits a high of 950 and it dumps all the way back to $66.50"

"btct ended up uh squeezing through $25 a share it broke through 25 it actually went all the way up to $28"

"I jumped in btcs as it came up here to $6 and this did a jack knife on me and it drops all the way down on 600,000 shares of volume and I got stopped out there for a big loss I was adding for the break of six it breaks six I'm holding full position I add as it squeezed is higher and then knife straight down"

"uavs initially pops up um to 240 it pulls back it goes up to 260 I don't care about it in this area in this area I'm thinking I don't know it's nothing but as it starts to come back up here I did take this trade as it breaks back over vwap and it squeezes back up to 240 it does a micro pull back here goes up to 280 does another pull back goes up to three at that point I connected these two highs and we got this ascending resistance line which remained in play for the rest of the morning"

"uavs um yeah it ended up going up to a high of $5 it broke over this resistance line and I thought maybe we were going to pull away but it just couldn't really pull away the way I hoped it would"

"I was looking at it here that Bitcoin might break through and rally up here because that would have really helped the Bitcoin sympathy plays"

"trnr took too much risk"

"btcs is there anything I could read into about this one um you know it's a Bitcoin sympathy stock same as BT btct um you know I don't know it's a 9 million share float it's not easy to borrow it was pretty thickly traded this morning those aren't always the easiest to trade"

"I hate doing that I don't like doing that but here was the decision that here was the my thought process for doing that so it's important to have it's important to have a Max loss it's important to have a line the sand where you're like that's it I'm done I'm going to walk away and if I had taken that trade at 10:30 or 11:00 a.m. I would have walked away because at that point in the day my chance of recovering the loss is basically non-existent"

"I know my metrics I know my strategy and I know that when I'm trading I make the most money between the hours generally of at this point 7 and 11 a.m."

"when I trade past my Max loss I have an 80% chance of doubling the loss"

"I never actually imported yesterday's trades into Trader viw yet which is kind of nice because um if I had I would have kind of a high water mark you know it would be like I'm up whatever on the on the month in the year but since I didn't import them um I'll import yesterday and today uh tomorrow you know I'll do it at the same time so my yeah I mean I guess it'll show still show that I peaked you know and then pulled back a little bit but but it's it's a little easier to tolerate at least for me"

"I don't want to put together a string of back-to-back red days so you know coming into tomorrow take it a little easy focus on building the cushion"

"it was I I took too much size I really didn't look closely enough at the total volume on it I just saw it was ripping I didn't want to miss it I jumped in I gave into to fomo"

"I will recover this loss I will get myself back to all-time highs in my account and I will regain my confidence most likely over the next 10 trades"

"I just got to wait till tomorrow but I will recover this loss I will get myself back to all-time highs in my account and I will regain my confidence most likely over the next 10 trades I just have to accept that they're not going to happen today not if I'm going to be disciplined about focusing on a quality setups and trading during the time of day when I have the highest likelihood of making money"

"if there was ever a day to trade longer it's not the day where you have your biggest loss of the entire year that's the day to get out and be grateful it's not worse than it is"