OT any new players ask yourself this question before you buy.."How much am I prepared to lose on this trade." When you hit that target get out! if it goes up then you can think about your exit.
Free carried is nonsense, you are merely choosing to invest your profits in a stock at the peak of a run. If you love it pick up your profit and wait for the retrace to buy back in.
All stocks retrace, always. Write out your rules and stick to the plan. (Do it today!)
Hope this helps, I lost thousands to figure this out. The sooner you start the better
- Forums
- ASX - Day Trading
- Afternoon trading November 29
OT any new players ask yourself this question before you...
-
- There are more pages in this discussion • 61 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online