šš Ever Made a Quick Trade Youāre Proud Of? Tell Us the Story!
There are slow trades⦠and then there are trades that feel like theyāre moving at the speed of light. The kind where your coffee is still warm when you hit ābuy,ā and by the time you finish it, youāre already locking in profits.
Since I started trading, Iāve taken my fair share of quick positions, some small wins, some break-even exits, and some āwish Iād never clicked that buttonā lessons. But thereās one trade Iāll never forget. Not because it was the biggest dollar gain, but because it was one of those rare moments where timing, gut instinct, and execution lined up perfectly.
It was New York Community Bancorp (NYCB), now known as Flagstar Financial (FLG). On that particular day in February 2024, the stock had been on my radar. It was trading in the mid-$5 range.
I didnāt hesitate. First buy: 490 shares at $5.65. The trade felt good, but something told me the move wasnāt done. I hit the buy button again. Second buy: another 490 shares at $5.54.
Now I was in with 980 shares. Not a massive position by some tradersā standards, but enough that I could feel my pulse quicken with each tick.
Then, like someone flipped a switch, the stock started climbing, slow at first, then with a steady, confident push. $5.70⦠$5.80⦠$5.90. My P/L tracker started flashing green. I glanced at the chart, and that $6.00 mark was looming like a finish line.
When it hit, I didnāt think twice. Sell: all 980 shares at $6.00.
Result: A realized profit of about $368.88, all in just a few hours.
Was it life-changing money? No. But hereās the thing, this wasnāt just about the dollars. It was about how it played out. The quick read on the setup. The conviction to double down. The discipline to take profits without getting greedy.
In the grand scheme of trading, there are huge wins, painful losses, and everything in between. But this one, this quick, clean, and decisive play still stands out as one of my proudest moments.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- joozyĀ·08-11What an incredible storyLikeReport
- feelondĀ·08-11Your quick instincts are impressiveLikeReport
