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Turning a winner in a loser (MATK)

There is nothing I hate more than turning a winner in a loser. I have to get into the habit of moving my stops every night to prevent this from happening. I was still running a chance of losing but I would have lost less. I picked up MATK on 8/31 at 27. I had broken through the mid-August resistance so it was looking good to jump up a few cents. I did not double check my charts well and missed when it broke the 28 and change resistance level from mid-July. Combined with the market drop this morning, MATK took a dive and what looked like a nice gain yesterday on my cheat was turned into an instant losing at opening bell this morning.


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