Received 1 Karma
Received 1 Karma
Received 4 Karmas
fittrader101 Nov 09, 17 12:58 PM
Awesome bro! I got in at 400@5,11 and sold 400@5,82! A solid 70ct profit :) Not bad!
1
ahinvs Nov 09, 17 1:01 PM
@fittrader101 Not bad at all, now with a little consistency we can get there!
Torkers Nov 09, 17 1:37 PM
nice trade! good job
Legacy_trader Nov 09, 17 4:35 PM
good job man! I misread the chart and acted too late
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velarde Oct 16, 17 10:47 AM
good luck
RNTrader832 Oct 16, 17 1:30 PM
Made only $21 profits ,should have covered @ $2.68 .Its ok I just want to be on the green side today ,I broke all the rules last friday with LBIX took $1500 loss .
velarde Oct 16, 17 1:36 PM
Really? So bad ! But that's the way you learn. How do you discover new companies?
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Received 3 Karmas
Merestetrades Oct 16, 17 12:39 AM
Thanks!
asfricksrs Oct 16, 17 4:46 PM
Nice job, good way to memorize!
Merestetrades Oct 17, 17 1:05 AM
Thanks! that's it exactly.
JPC78 Oct 17, 17 5:46 PM
Nice work brother!!!! Embed it into your subconscious 🙏👍😎🤑
Theres always uncertainty in trading since each trade we enter we don't know the outcomes. The best thing we can do is focus on our improving our strategies in form of executing trades properly, sticking to rules, and most importantly managing your capital. Try to figure out which needs to be improved the most, play around with strategies, and enjoy the rollercoaster ride. Becoming a great trader takes time and practice and wont happen overnight.
You sound just like me, I started trading a few years ago. I had some wins, but took some big losses and I took a break. I just recently returned like 2 weeks ago. Now back to your concerns: It sounds like a confidence issue to me. The way I have learned to build my confidence is by making spreadsheets. Pick a strategy and spreadsheet the crap out of it. Find the highs, lows, %'s, success rates, end of day, etc.
Trading is a huge mental game! I've developed my own strategy that works well for me, but if I get stubborn or greedy, it backfires and I lose money. After realizing that, I realized that you have to be very disciplined in trading. As Tim always says, "Cut Your Losses Quick!"
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