definitely understand man. Just make sure to decide how
you are trading them, swing trades, longer term holds etc, and how
much room you are going to give them and if you wish to peel off
some shares over time and buy back on dips. Make a plan, get
out the daily and weekly charts etc to help decide stop out/exit
areas, resistance and support, will help to curtail your emotion
once you get some plans in place. Likely the reason why you are
emotional now is that you have these profits but no plans in place
for exits or taking profits and managing them
definitely understand man. Just make
I am acting emotionally now because of my high profits ...
Posted by matt on 14th of Jun 2018 at 10:29 am
definitely understand man. Just make sure to decide how you are trading them, swing trades, longer term holds etc, and how much room you are going to give them and if you wish to peel off some shares over time and buy back on dips. Make a plan, get out the daily and weekly charts etc to help decide stop out/exit areas, resistance and support, will help to curtail your emotion once you get some plans in place. Likely the reason why you are emotional now is that you have these profits but no plans in place for exits or taking profits and managing them
Thx for your advice Matt.
Posted by kriske9 on 14th of Jun 2018 at 10:46 am
Thx for your advice Matt. I will follow each share and I place stops. I've learned a lot here to do that in the right way.