Htroli94

[TimChallenge] Haha I was a day off on HEAR. I wanted this move to happen late Friday, but at least I was on the right track.

Received 2 Karmas
josephgregory
1
josephgregory Jul 24, 15 4:09 PM

I'm not experienced enough to say, but I'm sure of a few things. Tim's rules are designed to minimize loss and maximize gains. Plan your trades and trade your plan.

vbansal
vbansal Jul 25, 15 11:37 AM

yes I agree. I find that whenever I trade with a plan, I am able to keep cool under pressure and do not panic but when I rush the entry so that I do not miss out, I forget to make a plan and start to panic more often. I have made a rule for myself though that is when i begin to panic or feel uncomfortable, I tell myself I must get out so it usually only results in small losses. I hope this helps!

Htroli94
Htroli94 Jul 25, 15 6:46 PM

@vbansal I always have a plan its just not knowing if the plan will work and lose money. My plans always end up being right its just losing. I've come to the realization that I have to risk in order to win. No way around it. Thanks for the impute.

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Htroli94

[TimChallenge] Wow I didnt get filled at the market open and $LQMT went right to 0.16 like I thought it might. Got to be happy that I was on the right track at least.

Htroli94

[TimChallenge] Only if $SGYP could have done this spike earlier. I had this whole trade to the .70 resistance mapped out from the break out @ 7.26 haha

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