Wrong action with PNRA

As I wrote on my previous post, yesterday PNRA almost reached my target price, but I did not sell it because I saw something on the graph that did not let me sell.

I saw some repeating figures on the graph and I was hopefull this trend would go on even on the next days.

Hope hope.... STOP TO PUT THIS HOPE PLEASE AND JUST FOLLOW RULES !!!!!!!


I wanted to wait for the action of today. And the action of today is -6% (in this moment) . I immediately sold. Instead of closing with a gain of about 10/12% (and I could do it since it reached my target price) I closed with a gain of about 4% gross: I can say I got NOTHING compared to the time it took and to what I had in my hands less then 24 hours ago.

I had good timing on buy.
The trading system worked.
Everything was ok.
But I had wrong timing on sell.

I see there has been earnings announcement last night, and maybe that are not good news. I could bet on good news.. but If I want to bet I go to bet on soccer or tennis and not such an amount.

So I did not follow my rules and this is the result. Let's summarize :


Rule : Always sell when the target price is reached. Do not waste time nor money betting on what will happen tomorrow


Another thing I may have done wrong, because again I did not follow another of my rules is that I sold now, and not at market closure because I got shocked when i saw quotation.


Rule : Never sell/buy during the day. I should not even check stocks on daily fluctuations. Just do it about 15 minutes before the closing time.


Maybe this last rule is the most difficult to follow.

One day I will have to find away on how to drive my mind the right way.