Building the Position

The story with $EONR, a US-based oil company, began on January 10, 2025. I strategically entered my position at an average price of $0.896 per share, taking advantage of opportunities during the pre-market and at the stock’s lows. Over the following days, I closely monitored the market, gradually building my position in anticipation of a favorable move. Ultimately, my patience paid off when I exited at $1.92 on January 21, 2025.

The Day Everything Changed

Interestingly, January 21 also saw $EONR peak at $2.28—a price point I was unable to fully capitalize on due to personal obligations. Attending a funeral kept me away from my trading setup and computer for the entire day. Despite these circumstances, I managed to trade using my phone, which proved to be a challenging yet eye-opening experience.

The Challenges of Mobile Trading

However, this situation brought to light a critical lesson about trading environments. While phones offer convenience, they fall short when it comes to reliability and precision. For instance, limited screen space and potential connectivity issues can lead to mistakes that might otherwise be avoidable. As a result, I firmly believe that trading should be conducted in a secure setup, ideally with a stable computer, reliable internet, and a backup connection for emergencies.

Key Lessons and Reflections

Reflecting on this trade, several lessons stand out. First, discipline and timing are paramount in trading. Entering positions thoughtfully and waiting for the right moment to exit can make a significant difference. Second, preparation is just as vital as strategy. Unforeseen circumstances can arise at any time, and having the proper tools and contingencies in place ensures you can navigate them effectively.

Final Thoughts

In conclusion, $EONR proved to be a profitable and insightful trade, despite the hurdles I faced. This experience reaffirmed the importance of discipline, preparation, and the right environment for trading. Let this serve as a reminder: while technology offers convenience, nothing replaces a secure and stable setup for making informed decisions in the market.

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