Cold as December Snow
- Mar 28, 2017
Making profits aren’t misses imo. You’re just getting base hits instead of home runs.Anyone have any big misses? When I first started trading out of college in 2013, I was short term trading. Now I mainly buy and hold.
My first trade ever was 700 shares of AMRN at $1.61 a share. Sold it at $2.20. It recently traded at $24. Would have been a $16K gain.
Same year I bought 34 shares of DXCM at $32.58/share. Sold at $34. Trading at $405 now. $12,000 gain.
Bought $660 shares of CVM at $.62 sold at $.90. Trading at $14.22 today. $9k gain.
Lots of other early sells which would have netted $3-8k range gains as well. NVAX, PLUG, BBY.
But that’s the other thing that makes trading hard. You miss out on big hits because youre moving in and out of positions too quickly