Anything else you want to know about?
I already told you one thing you need to know about is the ebbs and flows of the market for day trading small stocks long.
There are times when you have to pull back from day trading long. We saw that in late March/April & Sep/ Early Oct
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How do you scale out when taking profits? Do you have a method like selling 1/4 of your shares at 5%?
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No truer words spoken...
When the market is down trending (even ever so slight) day trading becomes
more difficult with fewer winners. I've been at this game for 38 yrs & have
survived & thrived, but only through perseverance & Understanding why my losses happened.
Learn to cut losses quickly & move on, it's just simply part of the game.
TAKE YOUR EGO OUT OF IT...EGO WILL DESTROY YOUR TRADING ACCT. Thats a fact!
is right on the money with his advice.
He's truly the best I've ever come across in all my years trading, and trust me I've seen them all.
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