What your saying re having a strategy & sticking to it religously.
I have read this numerous times in the short time I have been trading & believe it to be true, but I have struggled to find any strategies in print anywhere I can use.
Plan the trade ,then trade the plan. Words to live by but not a stategy in itself.
Like bazinga, I hold stocks that are too costly to cut for a loss and I am close to hitting a wall capital wise.
I have been trying to get my head around T/A so as to identify entry & exit points. Is that a strategy?
Having stops I understand, but dont think that's a winning strategy in itself.
Different strokes for different folks, understand that too.
Yeh ,position sizing & money management as well.
But my losses tell me there's gotta be more to it that I have'nt worked out.
Appreciate anything specific you can add to help me become a better trader m8.