Today was the first day that I did not even look at once the DT forum, after the pre-open...Kinda a missed it! On the other hand I also realized that my focus and attention was on what I had on hand...aka the plan i had...the stocks that I wanted to monitor with intended to trade. But I am sure I missed the runners! OH! Well cant have it all.
WEB:This requires a bit of commentary given the recent sentiment on the forum, I topped up on open times two, had an order set at 325 that i though would not hit. Rest is history...I sold 3000 at 3.51, so pretty happy, still holding 1500 units. Thanks
taughtbuffet for showing the direction....all the choices were mine. Research, Analysis, Sentiment check, Size, Price, Entry, Exit, all were mine. Direction/idea I got from
taughtbuffet .
So
NEWBIES, (Guess I am still a newbie, but not as new anymore) don't look to the forum or ask the forum
Which stock should I trade?. The answer to this question is with you. Look for direction if you need. There is much to learn here and much to get distracted here. The sooner you figure this out...the value you will get from the people here will be a priceless blessing to your learning curve and potentially profits.
Now to the pro's here....please this is beneath you to blame or criticize someone for their call. If you don't like it, don't act. Like you say , DYOR. Don't blame others for your own actions- you are all above that. We all wish we could predict the exact future...
IBX Simple and easy. Wanted to get in yesterday at 7.4, couldn't. Got in at 7.5, exit at 8.
BSX Topped up at lows and sold some at 43. Still holding a parcel.
CSX Topped up at lows
No entries found or orders hit. Below are all on the list for variety of reasons either up trend/charts or gains into lead up to result day.
ADH
GEM
MVF
JIN
SXY
NTD
ZNO
Holding
CWX
BSX
HUB
QAN
This is an essay already, I might as well continue in the spirit of sharing....
NEWBIES, Carefully internalize these, they are real lessons I have learnt..right here and through my trading experience of three months
- Put a stop loss
- Take you profits. Don't be greedy, its OK if the stock run past your sold price. Don't let your winner become a loser.
- Do your research...don't jump and put a trade because some says here " ready to fly, breakout imminent, last chance before fomo blah blah blah"
-Have a plan..stick to it..stay disciplined...ok if you don't trade all day (I am still working on this and the above)
- Get the sizing right..small is OK while you learn...remember size is a double edged sword...you don't want to be on the bloody side
- Not all trades will be profitable. Ensure winning trades have higher profit and losing trades have lower losses
- Emotion is ok.Its inevitable.Learn about yourself.
@juliarrr199 please tag that link on
Inner worth again please for our new learners. Arigato!
- Be patient, don't chase. The price comes to you. If it doesn't, then its not meant to be.
- If DT then first few hours you want to make the most of...
- Keep a journal
- A loss hurts more than a profit feels good.... you know what i am saying!
- Remember there is no quick way in life to make money...if there is one...let me know
- There is a lot more to above especially around learning TA and FA... which one should grasp. There is plenty here and everywhere.
I write the above as my experience as a new trader and this is not rhetoric!
@Veritas2000 where are you? People might learn from your philosophical ways.
Look for the
@Trees the
@Patterns stay
@slick, make sure you @
@sintrate and remember you
@taughtbuffet Then you got
@togakure@Lambrae@pustayo (not usually around, but around) this list is
@Endless....I am sure you will figure out your own!
Have fun and make some MONEY!
Adiaos for now!