3309 Drysdale Ct
Edwardsville, IL 62025
when trading it's important to know your time frame and and make
logical trading decisions based on that. For day traders is
one thing, but if you call yourself a swing trader it is important
not to overreact on noise. For example most of the bank stocks
yesterday pulled back, but it was really just noise, was no reasons
to dump them or get scared out of positions. I bring this up
because I talk to a lot of members who tell me they've tried our
trade ideas and lose money, however after I ask them for specific
trade details, I find that many of them call themselves swing
traders but stop out on tiny moves or noise, when in reality they
need to be giving their positions more wiggle room to work.
Position size helps, if the small noise is uncomfortable for you to
sit through, then reduce your position size so that you can give
the stock room that makes sense on the chart.
here's some of the bank stocks for example that were down
slightly yesterday but was no reason to sell them esp for
PB - Chart Link - for example pulled back
yesterday but that was just noise, has a flag look
BOH - Chart Link - yesterday it simply
paused, now moving higher again
BBT - Chart Link - yesterday was simply
KBE - Chart Link - again yesterday was
simply noise, was really no reason to dump it yesterday
Can you post some real time trades - buys and sells? It
would be a good tutorial.
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