@dfletch91 absolutely! Was really glad to get that recorded.
Thanks Ellis.
Thanks Ellis -
thanks Ellis
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Appreciate the transparency. I always amaze myself by getting out of well planned trades quickly rather than let winners run because I worry about them turning around and becoming a small, well planned loss. On the other hand, I have no qualms about jumping into impulse trades and letting those losses run. Seeing the difference between what is and what could be as far as profits goes, makes you think discipline would be a no brainer. Yet, it is one of the hardest things.
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Thanks for sharing Maximus.
Thanks for sharing. Lots of valuable information. 6 months into my trading journey, great to read how you progressed.
Very helpful sir. Keep doing that and no reason 2024 can't be the same.
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Good job. I know it takes a lot of determination to stick with this. It's easy to get too cocky during the easy times and self destructive when times aren't going well. The fact that you're willing to go fight through all of those obstacles shows that you have the proper mindset. Which is really the key to most things.
Thanks! Yes, being aware of emotions is important. Even yesterday I got too cocky on LODE and gave back some awesome gains. The easy times are when you should take profits, not get greedy, but sometimes you have to screw things up to learn! Must always respect the market!
Absolutely, I have the same problems all the time. I think it gets better over time but it's just a process that all of have to go through. Just enjoy the ride and I'm sure your gains will continue to increase each month as you refine your skills. Keep up the good work.
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That’s a great way to look at it. It’s all part of the learning process. Keep up the good work!!!
Yes, I'm starting to focus on the % gains.. With a small account (or any account probably) it's the best way because you build good habits. If I focus on the dollar amount during a trade, I tend to let a stock run further than I should, because I think 'ah $40 is such a small amount, I'll let it run' .. then it starts to go back and I end up getting frustrated, and even end up with a loser, and wasted an extra 2-5 hours in the trade when I could have got out with a quick single.
@farrelco exactly. Good lessons to be learning! Singles add up. Thats why I like % gains not $ gains
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