RE: Stage Analysis Beginners Questions
(2020-02-07, 03:22 PM)alphatech Wrote: Thanks for your feedback. I had several stocks that they were definitely in stage 2 but my fear prevailed with the virus scare and I sold them. I try to figure out hoe do I limit these impulses. How do you all handle it?
You need to decide what kind of trader you are. Are you an investor that can sit patiently through significant pullbacks and only glance at the charts at the weekend, or are you short term trader that looks at the daily charts, that wants to trade in an out of stocks for no more than 3 months at a time. So ideally you should decide which you are, and focus your efforts on that. As it's very hard to do both imo.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.