Partly my fault too. As a trader, it's all my fault. I BROKE my own rules! The story of how I turned a $35 per share profit into a stop loss to JUST cover commission. I didn't even want to buy Apple stock. The fact that everyone kept mentioning it turned me off to it even more. Plus, I'm really wanting to trade dividend stocks, as per my previous blog. Then the split made it a little interesting. I got my first order at $109, on a stock with shitty dividends mind you. Was profitable ever since. Then when it shot to $145 I celebrated.....but celebrating is NOT taking profit. It's showing emotions in a game that feeds off of emotions. I fed the machine. Fast forward, Apple pulls back, which stocks do. Fine. I tripled down. Second mistake. Because it KEPT pulling back! In a rocky political environment, tech gets targeted. There's so much money involved and money is power. And politicians are greedy. Fast forward to today. A tough fight to get just above negative and cover my commissions, so it's technically not a loss. But it's not a gain. When you think about the trades that I couldn't take because my money was tied up, you can imagine the potential profits I had to leave behind. It's gonna be a tough 4 years for traders. If you feel different, then bring your money to the table.
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