IPO Base Setup
Based on the company’s fundamentals, looked promising. After AT1 listed, strong opening on 2nd day. I bought 45 at open, sold half at 55 on the same day, making my average to 35.
Next day, I made a mistake and traded out of my system. Big mistake as I added at 545. Then it didn’t act right as the day goes, I sold out at 49.
I turned a profitable trade to a losing one. Lesson learnt. Instead of doing day trading, I’ll be watching this for few more weeks. Let the IPO base to setup.
Next day, I made a mistake and traded out of my system. Big mistake as I added at 545. Then it didn’t act right as the day goes, I sold out at 49.
I turned a profitable trade to a losing one. Lesson learnt. Instead of doing day trading, I’ll be watching this for few more weeks. Let the IPO base to setup.
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