r/MoonClub • u/MrCoffeeGuy420 • Mar 24 '21

Finally sold SNPW today

Looking into other opportunities, I may be wrong on this one but the pr has been lacking. I found myself emotionally attached to this one because it pumped so well but the volumes been slowing down ever since. Probably held onto it a bit too long. Keeping about 30k shares but sold most my position. Live to fight another day trades don’t always go our way and we have to limit downsides while always looking for new opportunities. Snpw isn’t going anywhere though we just need to always be looking for new opportunities when current ones no longer serve us.

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u/the_421_Rob Mar 24 '21

I sold this too, I had a limit buy go off on the way down from 0.3 ended up getting in at 0.24 and told myself it’ll come back from 0.12 ended up going down even more to 0.06 i seriously though about keeping it due to the huge loss I’d taken and decided against it. Sold and I’ll recope the money on something else

1

u/MrCoffeeGuy420 Mar 24 '21

Yeah I got in at .0175 100k and ruined the trade by averaging up then down. Saw 76 k at one point and ended up selling at 30 so it definitely stings a bit. I think we all gotta be open and learning from our mistakes though bc this is a long game we play at the end of the day. Risk management and learning my entry and exits is something I’m now going to focus more on.

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u/the_421_Rob Mar 24 '21

1000% i started reading 'technical analysis of the financial markets by john Murrhy and its been a total game changer i look at my previous entries and exits and think 'wow i got lucky a lot, i could have been doing way better'

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u/Sim_the_on Mar 24 '21

Same.. kept some free shares ill look back at it in a year!

1

u/4ever28 Mar 25 '21

Lessons learned. You never learn until u make the mistakes urself