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Chevon
1
Chevon Apr 15, 2:00 PM

Thanks for sharing this. What we aim to do is hard. I am in the exact same position as you, I tried to re-start my trading around February and have taken a fairly nasty string of losses myself. What I have been doing is looking at my past few months and trying to see everything I have done right win or lose. Hope it helps, this can be hard. Keep your head up, one day you will look back and be surprised how far you have come.

Chevon
1
Chevon Apr 15, 2:37 PM

Also I re-read this post, you have a line where you say "all I am good at is cutting losses". Based on your post you displayed a couple skills: 1.isolating plays that fit your strategy 2. picking the spot to buy that fits your strengths 3. Continuing to try after taking losses

FrankieJr
1
FrankieJr Apr 16, 11:31 AM

@Chevon Thanks for the kind comment made me smile in a pretty dark time of my trading career. I've taken sooo many losses in a row at this point that It's messing with my judgement on what's good and bad. Was too afraid to enter on $ADHC at .0146 and $KNOS at .10 this morning due to the massive string of losses. Just to afraid to take more losses. Best of luck to you and i'll be keeping a keen eye on your journey. We will both get this! Patience is key.

Chevon
Chevon Apr 29, 11:49 AM

What I have been doing is isolating key mistakes and working to fix one mistake at a time. For example for me when I go long I like to look for pullbacks, but I started losing money when I got away from that. So now I am taking this whole week to focus on just one skill and its worked wonders.

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farrelco
1
farrelco Feb 13, 4:42 PM

Hey man, I won't tell you if you are right or wrong as there are many ways to trade stocks.. For me I think this is not an ideal trade because of the rangy candles. The 1m candles in the morning have a range of 20 to 30 cents.. even 40 cents range in some cases. That's difficult cos its too hard to size up and manage risk so I wouldn't go long unless I was totally convinced this would run multiple days. I was more short biased on this but later learned about 'endocannabinoid' research it is doin

FrankieJr
1
FrankieJr Feb 14, 6:04 PM

@farrelco Hey man thanks for your input. I didn't think about it that way and ill be more aware of that thought the next time it comes around, much appreciated!

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Noble1222
1
Noble1222 Dec 09, 17 6:53 AM

if you find yourself chasing, you're likely struggling with fear of missing out. some things that have worked for me are to watch mark crooks videos on buying only off of proven support levels, try to avoid buying right at the open, wait for things to pop, settle, consolidate, buy at support and cut if it breaks support. try to be patient, breathe. give a good lesson to the free audio book on youtube titled "trading in the zone". size down and DON"T run out of money. good luck.

Kody
1
Kody Dec 09, 17 10:47 AM

Pretty spot on topic for issues I'm fighting right now. I'm getting the hang of identifying panics, seeing past support lines where it'll bounce now just working on entries. Having a hell of a time distinguishing what a chase is. I see a stock spike but I don't wanna buy at the topic then, 15 minutes later it's up 2, or 3x as much as it was, I still never buy in at that point.

Kody
1
Kody Dec 09, 17 10:49 AM

PXS was an example. Scanner picked it up at $3.00, when it got to the $4 area I thought that is a huge chase, then it went to $9.00 I guess that is just part of trading you never know forsure.

FrankieJr
FrankieJr Dec 09, 17 4:02 PM

@Kody That's a great example. I think this really is just a game of mastering emotions.

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FrankieJr
FrankieJr Dec 08, 17 12:56 PM

I have that same problem brother. When you find that set make sure you grab an extra for me thanks lol.

papajohn
1
papajohn Dec 08, 17 11:22 PM

It's all about risk management. If you are risking off of key technical levels and risking an amount you are comfortable losing then you shouldn't be afraid to enter a trade. Like Tim says, he trades scared so he isn't scared to trade.

Torkers
Torkers Dec 12, 17 5:38 PM

The more you do IT The easier IT gets. I had alot of really big And bad losses but this can’t Get in The way of taking The trade. Buy of key support levels And correct risk management then this shouldnt be an issue either way :) GL And study hard

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