My Day Trading Days Are Over

Q: The day I invested in SPSN, I was eager to get in and I was almost certain that the price per share would sky rocket. Even after doing my due diligence I felt that I was buying in at such a good price. Though it still seems that this stock would rise soon, it seems that it has been stuck around the .17-.22 range. I bought this stock at almost double the lower part of that range. So as you can tell that I am definitely in for the long haul. I've come to realize that whenever the price per share kicks my butt and I am ready to sell and move on the price starts to shoot up way past what I had originally purchased so I am not selling, but holding tight for awhile and using other funds to invest in other companies. I guess I'm writing this to share my sorrows with other investors. Anyone feel the same way? Any positive thoughts?

A: just hang in there...look at the past 3 months and how long between each movement...its about 10 days between each move from .01 to .06 and from .06 to .12 and from .12 to .32....so just wait because it is going up, but not overnight mor like over 10 days Hey i totally feel you. I think its partially greed that fukcs us up. In your case you did research. My story is more like this: started out with $4000 CAD invested in C right before it crashed to 1 dollar. My average share was 2.67 and i put all my $4000 in it. i waited and waited and waited and it got close to break even and then i tried going with the swings and got screwed even more. If i woudl have left it i woudl have been up some right now. Anyways i took it off C and had about 2700. I got REALLY REALLY lucky. I put it all into CTIC the day that it skyrockted to 92 cents from 30 cents. first i got in at 29 cents and got out at 37 cents. Then i jumped into Bpur i sweat to you 1 minute before it exploded. i got in at 17 cents and it went all the way to 37 cents. I was soo happy and kept refreshing my account and then it crashed a bit and i ended up selling at .29 cents. even though i had made more in a few minutes than in the last 3 weeks i was pissed cause i coudl have made another 1500+ if i had sold ab it higher.Then i got int CTIC a few minutes later at 54 cents and sold at 87 cents. I was SOOOO LUCKY. it skyrockted RIGHT after i bought. it was like getting struck by lightning twice. my account was now $11000 from $2700 all in 1 day. I told myself withdraw and put it into another margin account and just wait for financial results. I coudl have made 30K up to this point and prob more in 2 days for earnings. but i got greedy and put it into other penny stocks and here i am in SPSN after maybe 10 other penny stocks before. My account is back to 3500 now and i am kicking myself in the face. Having 40k at age 21 is an awesome thing to have and i blew it. So hold on tight, im sure we will get something out of this. Dont trade on emotion. Ill tell you straight up. If i had $11000 in my account, i would have bought spsn in the 30s after hours. So dont sweat it, im sure something good will come of this. Just dont sell because you will feel like sh1t if you miss it after holding on for a while. Whenever i have a bad day in the stock market i cant concentrate on anythign else. No work no nothing, i feel angry towards ppl and its really really bad. So just relax and hold a bit longer.

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