Anyone that saw my post yesterday should ring a bell about small caps stock. I've mentioned a few of my small caps stock. Within 24hours, NYR yeaterday closed at 0.065 and what happened today? It shot up to a high of 0.14. Thats what I like about small caps because it can go up more than 100% in just matter of days. They have trading halt this morning and I still can't see any news out yet but I sold mine most at 0.125 which is a a very good profitable day for me. To me th...
First of all, I am not a pro when it comes to trading. I literally started to back in Feb 2024 with $3k. Then slowly increase to my current investment up to $40k. Due to nature of my work, I am able to sit in front of the computer and watch all the movement of the market trends and candle sticks. Some of you might have known me or have followed me, I am a short term investor as I am not a hungry bear. I am satisfy even if I only made $50-$100 per trade. Som...
Red_Volatile_Liquid
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This resonates with me as I take a similar approach. With a relatively small pool of money to work from, I value the outcomes of smaller % gains despite a lower profit at first. After consistency is demonstrated, the money pool will naturally increase. I find the increase is then not so much in % gains over time but the amount entered to maintain benefit/risk ratio. As mundane as this is, mentally, this can be quite challenging particularly for a new trader like myself as it requires discipline to manage risk taking behaviour where it deviates from a planned strategy.
151479178 : What are you talking about