Received 3 Karmas
TheLostNomad
TheLostNomad Mar 07, 23 5:10 AM

Patience vs hope: Patience is when the stock is still within your plan. Hope is when the stock is outside of your plan and you are crossing your fingers that things will turn around and go your way.

TheLostNomad
TheLostNomad Mar 07, 23 5:12 AM

It's okay to add to your position if and only if the stock is still within your plan (patience). Adding after your plan has been broken (hope) is dangerous. This is when you should be cutting your losses, when your plan is broken (or price/action is outside your plan))

brandonkoy
1
brandonkoy Nov 02, 23 12:05 AM

you a good trader larry just need some fine tuning thats what year 2 is for

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TheLostNomad

My morning DPLS trade! One of my best trades. It may be small (just $200 bucks) but I rarely make that much in one trade. Still learning and scaling up! Thanks Tim and all the Challenge mentors!!!

RouxBourbon
1
RouxBourbon Aug 17, 21 10:16 AM

Excellent risk reward, buying that dip and risking lod has a super strong edge.

TheLostNomad
TheLostNomad Aug 17, 21 10:17 AM

DPLS now in the mid-.12's. Crazy!

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TheLostNomad

I made a thing! My Trading Journal (for MacOS). Msg me if you want to try it out. https://mytradingjournal.xyz

TheLostNomad
TheLostNomad Mar 26, 21 4:15 PM

Maybe it is time I start scaling up. Get my average trade above $8. LOL

TheLostNomad
TheLostNomad Apr 05, 21 6:33 PM

Hi everyone! I joined the Challenge program back in Sept 2019 and I am now a lifetime member! As a lazy SW Engr, I was tired of manually tracking my trades in excel. So over the past year, I created a trading journal app. I recently threw it up in the App Store. The app is super cheap compared to similar SW. But if you're interested, msg me and I can send you a free two week passcode. https://mytradingjournal.xyz

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