Okay so I knew I didn't have a great feeling on TAON and now I know why. It made a strong move to .0265 but before I could exit it already started giving back. It then lingered around .02 and just felt weak. I cut my losses and got out at .019 for a loss of 5% which is not great but I feel vindicated since it has since continued a death spiral and reached .0155 before now settling in around .017 which means I lost a little but saved a bunch by getting out when I did.
Sometimes knowing when to cut losses seems to be the biggest part of trading well. Meanwhile SNEY is holding steady at .0074. That may be held for more than one day.
This day just feels uninspired in the market. The only thing working is gold which I am not really interested in right now. If I make any other trades I'll post but it feels like a day to stay mostly on the sidelines. Now between my carried over night trades and the loss in TAON I am about even on the day.
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