Trying to do better!
having made a blog post lately because I still 40% winner and making too many mistakes trading. I am going into 3rd year trading and almost down $10k.
what has clicked and what has not...
335 trades now.. (still haven't sold some long term trades)
what has clicked is the high percentage pump and dumps that are basically not short able, ironically I never find shares to short. (annoying)
cutting losses quickly also came to a better understanding because my losing percentage is 59.7% and so cutting it would be better than to miss a massive gain than to risk a disaster
high percentage stocks with low floats (typically under 10Ms) is highly and likely and probable to spike or bounce later in the days
what has not...
b/o or multi month break outs are hard for me to I just have hard time
distinguishing which one is which...
dip buys are hard for me to get use too but not as hard for multi week month break outs
volumes has also not clicked for me all though I see it having some affects on certain stocks and industries
I don't channel my emotions accurately but thats something I think I worked on the most and feel like most traders can agree on that with me.
over trading, trading less is a bad feeling that I'm trying to really get use to and overtrading is something I am trying stop completely, I'm giving the market more of a chance to beat
scanning and prepping night before has not also clicked too sadly but I know that is a major issue to my losses, and I will work on that more than ever.
thanks for taking the time to review any suggestions I am always opened to it. "better trader is a new helper"