I was catching up on Steady trade video's, while watching Huddie, dilutions came up repetitively . I understand the concept, but I had not taken the time to understand how to effective locate them looking through the sec filings. I decided to search for a youtube video on dilutions. Protect Your Trading Account, Understand Dilution! Tim Grittani was the first video. He broke the process down and got real. I searched the 6-k from one of my Friday losses I was bag holding and OMG LIGHT BULB. Everything he was talking about. Clearly and increase in the dilution over the last three years. With an increase this year. 1% better over the weekend. I know I've learned this before, but sometimes it just takes hearing it a second time even after a loss to sink in. Thanks @kroyrunner89, Here is the video if you want to see the breakdown. https://www.youtube.com/watch?v=ZwQ_9Nu4hCE
Countless hours of watching videos from @timothysykes , @markcroock , and @kroyrunner89 , reading books, blogs , and whatever information I can find I'm starting to feel like this just might work with a little bit of effort lol
So I took a visit over to @kroyrunner89 's page and was just reading for some inspiration and found it rather quick. I'm about to go study for the afternoon before I study for school in the evening. I'm currently reading the intelligent investor. I found a lot of meaning to this quote from Tim, I'm going to keep it close to heart this week.
"trading is all about having 2 things guys, strong conviction (whatever your reason may be) that the move will go in your favor, and a clear risk level to use in case you're wrong. it's not about calling it right every time. just have a plan and stick to it and if you're wrong more often than not then you need to examine the edge you think you have and reassess."
Wishing everyone a great week.