I already know I'm going to do very well trading this week.
How do I know that?
Because I did well last week and the week before that and the week before that and let's go even all the way back to April 2009.
That was the beginning of the end for loses for me.
Conversation
Well then if I use the same logic going back to January of this year (been trading 5 months), I'm in trouble!! Lol. Need to refine my strategy and hit a groove...
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Easiest market of my lifetime to game. The Fed has all but eliminated downside risk. Just buy anything right now and it will move higher. This week will see another 2-3% gain. Market couldn’t care less about a second wave. Shrugs it off like it doesn’t matter whatsoever
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I've been on a few week roll lol. Too many losses following wrong people and greed. Hope that will change now.
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My MAIN problem: buy into a stock, only to have it punch through my stop (which is generally pretty tight, particularly on low floats)...then watch it go back up. I tend to panic when I see red candles also, even before my stop loss.