BenK7LB

Few more lessons from my losses on GAXY ($330) 1) Do not guess ahead of Break out specially at Pre-market 2) Don't play on Pre-market and stock should prove itself first 3) Stick to your plan 4)As soon as found your initial plan for the stock not anymore valid then Just EXIT 5)Sale to the strenght 6) Buy on the rumore and sale to the news! 7) Cut the losses quickly and move on!! 8) Do not keep adding to the stock as your plan already failed just EXIT 9) Do not fear of loosing as small losses can lead to huge losses

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BenK7LB

It was very good lessons on my biggest lost on WDLF ($330) 1. Do not pick up any stock for dip buy - have to be a gainer 2. Do not add to your positions and cover on lower price when the stock is already failing - you will be finally hitted! 3. Make sure have your SSS score right when you want enter the trade 4. Do not holde a trade which already failed during the day- there would be no support and majic in the morning to spike up or gap up!

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Crazey_Canuck
Crazey_Canuck Oct 14, 5:14 PM

Thank you Jack lately I have bleeding a small account getting caught in offerings. Mentally devastating, especially now that I am down to 1500.00 bucks. Too be totally honest with you I stepped away from this room for several years looking for the next great guru and going nowhere fast. So a couple of weeks ago I had this thought and I do not want to give up although I thought about several times too much and time invested so that is not an option either. My point is that I came back to the room

Crazey_Canuck
Crazey_Canuck Oct 14, 5:16 PM

I guess I got too long winded basically wanted to say thank you Jack and Thank you Uncle Larry Stick with it

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