Kudos to you. I probably would have quit seeing such a drawdown. Thanks for sharing your fighting mentality!
Can you post the link to your pod cast
Join now or log in to leave a comment
@wels1200 That's a great point: "opportunities like these will present themselves again and again." It's frustrating to miss out on huge profits. I missed out on ITEK, AQXP, and screwed myself on AVXL. But the silver lining is that I learned from it and it WILL happen again -- just gotta be prepared
the resistance at that time was 3.00 - remember when people say to play even numbers :) 3.00 was that level. make sure you have calculated the risk vs reward also. I was in the same boat - had one trade left was going to buy at 3.80, but chickened out then again at 4.00. I changed plans got in at 6.00 and was out at 6.49. small gain but i still have my account: http://www.investopedia.com/articles/stocks/11/calculating-risk-reward.asp
BTW my two eariler trades of the week was both losses along with the swing over night trade i had. so i was 25% for the week :)
Of course it can go back up but it doesn't matter. Stick to your plan no matter what.
Join now or log in to leave a comment
Join now or log in to leave a comment
[TimAlerts] Not sure if $DLTA has already been mentioned, but it looks like a good one to short. Epitome of junk
Amazing story bro!
I am encouraged! Thank you for this post, for the reminders and for telling me that you used to use STT but that you use Equity Feed now. Thank you! I must do better on discipline and focusing on a smaller number of set-ups and STICK TO THEM without allowing FOMO to get to me! I know I NEED MUCH MORE DISCIPLINE!! I need to turn this losing ship around!!
Thank you for sharing your very honest and inspiring anniversary post!
great reminder a few big losses makes a big difference, track your trades to find your strengths, narrow your focus and play the setups that fit you best, bet conservative, refine your exit strategy to capture bigger pieces of the moves.
Join now or log in to leave a comment