Patience is a virtue...

$Digital Ally (DGLY.US)$  I have realised having patience is not easy and many will never have it. It's so simple to understand but difficult to Master. The reason I missed 2 great entries recently. I have much more patience than I used to tho and I must say, a little patience has gone a long way. But still a very long way to go. I think it takes a while to realise how important patience really is. (IN NO WAY, am I saying to hold all your losing trades and even gainers) Getting out of a sinking ship as soon as possible is ideal. When is ideal? I usually pre determine a stop loss before entering. USUALLY :/ I paid dearly for the times I didn't set a pre determine stop loss. the majority of the time. For gaining stocks that are still running, I set a SL or trigger at or just above my PT. If current resistance becomes a new support, I move it up just below lowest bar