SRobertF
1
SRobertF Jun 06, 16 11:25 PM

hang in there i've learned the most every time i lose. i opened with 1500 took half and planned on losing it. I've become more patient, more notes and written plans, more DD and market chatter research, more bookmark tabs than ever for all the pages to get info from.(http://investorshub.advfn.com/MOMOS-BREAKOUT-BOARD-4929/) he has a ton to make you go back to studying what the heck your looking at. And most of all to put aside the dollar ammounts and focus on the

SRobertF
SRobertF Jun 06, 16 11:25 PM

focus on the Trade itself THE PLAN

stockBuddy
stockBuddy Jun 06, 16 11:29 PM

I think I'll pull through, thanks for the info I'll look into it when I'm in a better mindset.

YawnAlot
1
YawnAlot Jun 07, 16 12:49 AM

Glad you notice your mindset plays a role, I personally started hearing the audio book Trading in the Zone by Mark Douglas, recommended by Tri Force trader, Its mind opening, you can get it free with a trial i believe. highly recommended

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TechnicalTicker
TechnicalTicker Jun 01, 16 11:23 PM

@communist_owl you can find success either way, it really comes down to your dedication and perseverance to learn the right techniques and strategies that best suit you as an individual. You can make the same amount of money whether you become a day or swing trader, but that is on you to decide how skilled you want to become on the subject. I hope this helps! If I can help you further, please feel free to reach out to me and I will help you in every way possible.

communist_owl
communist_owl Jun 01, 16 11:29 PM

Thanks! I considered swing trading, but I just really began to mold my day trading strategy... I suppose learning a different strategy is the only key.

SRobertF
SRobertF Jun 01, 16 11:35 PM

its tougher. i work through all market hours. you really have to know your PLAN and STICK to it. Learn your alerts system learn your stop limits and i'm just learning trailing stops to take profits and still have stops for when im not watching. Good Luck.

TechnicalTicker
TechnicalTicker Jun 01, 16 11:39 PM

@communist_owl nothing wrong with a day trading approach, you just need to be more focus and stick to your plan from start to finish. Trial and error is your best way to gain experience, just start with small position size as long as you are comfortable and use hard stops as I am guessing you might not be able to always close them yourself due to your working hours.

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Received 2 Karmas
SRobertF
SRobertF Apr 16, 16 7:54 PM

I got in EBIO first thing at a good price .66 ish. morning panic before the spike. i was looking for .10 to .12 c increase.

SRobertF
SRobertF Apr 16, 16 7:57 PM

my stop loss kicked at the first .60 ... threw me off i rebought at .65 and then was mentally off balance i missed my sale at the .75's and chased it all day. cut losses at .58 even bought 150 more shares at .54 first big drop thinking i'd recoup at .60 .. Definately a learning experience.

ironmiketyson86
ironmiketyson86 Apr 17, 16 9:49 AM

Nice write up. I shorted EBIO into the close on Fri... holding over the weekend. Monday should be interesting...

da8znr1
da8znr1 Apr 17, 16 1:25 PM

I sold $TRTC friday, as it sort of never holds a spike, but im jsut grabbing profits.

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