RIGHT STOCK BAD ENTRY
One challenge I have found is to remain patient when I do not get the entry I want. today happened to be a day when I did not get filled for the price I wanted ( and the price I knew was the right place to buy.) Rather then simply letting go and waiting for another opportunity I jumped in (remembering a similar trade yesterday went up 3 times past the first big move.) This however was a impatient decision and was against my trading plan. As you may guess it cost me. The stock took no time to fall down leaving me with only the pieces to pick up from a losing trade. lesson review:
1. Be patient to take your entry.
2. A missed good entry is not a reason to chase for a bad one.
3. Forgive yourself for your mistakes.
4. Remember your lessons.
One challenge I have found is to remain patient when I do not get the entry I want. today happened to be a day when I did not get filled for the price I wanted ( and the price I knew was the right place to buy.) Rather then simply letting go and waiting for another opportunity I jumped in (remembering a similar trade yesterday went up 3 times past the first big move.) This however was a impatient decision and was against my trading plan. As you may guess it cost me. The stock took no time to fall down leaving me with only the pieces to pick up from a losing trade. lesson review:
1. Be patient to take your entry.
2. A missed good entry is not a reason to chase for a bad one.
3. Forgive yourself for your mistakes.
4. Remember your lessons.
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Trading is tough. Most everyone has lost money at some point and has had regrets. You may have made a bad entry or did not cut losses soon enough. When a good trade is made but maybe the stock went for even more profit the temptation is to kick yourself for getting out to early. (such as this trade.) the word for today is just relax of course it is not perfect enjoy the moment. You won! I hope this helps you today.
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$BitNile Holdings (DPW.US)$had some nice trades today. (+ .31 per share) how did you do?
Did any one get burned on this one? post you +/- and let me know. (thankfully I was out before the slide down. +.20 per share) $Akers Biosciences (AKER.US)$
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InControl 樓主 Sidebiz : 真是真的!有時候,我看到一股票放棄後回來,但例外證明了這一規則。
InControl 樓主 InControl 樓主 : 現在我的頭裡有這首歌...
InControl 樓主 curtaincall : @curtaincall 說得好。有一些真正偉大的戰鬥在那裡。為什麼不好的交易是重要的,但重要的是像什麼你誘惑自己確定好運自己起床, 灰塵你的自我關閉,去成功!
InControl 樓主 BeardedTaco : 說得好!有一些真正偉大的事情在那裡!