AL_

My biggest issue: being a bagholder. Just as Tim Sykes says, if the stock is not going in the direction you want, get out fast. Previously I was holding and hoping. Looking at my P/L, you can see my losses are much bigger than my profits. Reason being, I wait for the stock to turnaround, and you can't always assume that will happen.

Join now or log in to leave a comment
AL_

My savings have recently exceeded 25k, allowing me to avoid the PDT rule. I'm no longer taking stupid/big position sizes, which I was doing previously to make up for low quantity trades and round-trip commission fees. Now I'm taking smaller positions, losing less $$$ by cutting losses early. I may not be making as much $$$ on the wins, but I'm benefiting from the psychological aspect of real trading that paper trading would miss.

Join now or log in to leave a comment
AL_

A student in the live webinar today indicated they dip bought $LVCA. Tim Grittani pointers: going long here does not have a high likelihood of working after so many days of over-extension.

Join now or log in to leave a comment
AL_

Overextended gap down (OEGD). Good opportunity to dip buy, especially if the stock has a long-term uptrend.

Join now or log in to leave a comment
Page
of 1