Insightful Progress
want to share my progress and provide some insight of what has helped me to those who may feel as misguided as I once felt.I could make a long list of my mistakes and how I’ve gotten to overcome them but the one most detrimental mistake of them all is not letting go. It’s the most common mistake, whether it’s on a loss or a gain. You may say having a trading plan would be the solution, and you are right, but this concept can be very hard to execute when you’re not confident, which is inevitable when you are new to all this.So I want to clarify my perspective on trading plans. For me, it serves as direction and not as definitive action. There will always be unpredecented events you did not account for in your plan that will affect the outcome, therefore it is acceptable to adjust your previous plan. I can not stress enough how constant “what ifs” answered with facts and reasoning can step up your game. Constantly ask yourself: “What will be best to do if this happened and why?” “This happened, can it affect my expected results?”. Be obssesive about it. Be confident. GL!
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AnantaSesaDas : You're not getting 30% returns per week trading normal stocks. Either options or penny stocks. Which still takes a good amount of research to get right.
Spade 楼主 AnantaSesaDas : Mostly penny stocks, yes