daytrade diaries... friday, page-107

hi Sabine
thanks for sharing and yes I still rue my losses. for me it is like golf. if you can eliminate your bad holes then your score starts improving. it means stop losses for trades.
it is always the big bad losses that are the hardest to make up.
I like IPOD's strategy - safe as houses - buy on retrace and sell for a smaller but a safe and sure profit - do that 5 times a week at $x or more a pop and you are doing well.
today I thank ck for his gdn tip. already up and my sell order is in and waiting for a small but safe profit for the day.

well done to you all for your strategies - I have learnt a lot.

but for those still in bad trades from last year - take heart- there is a school of thought that if you hold them for the long haul then it is better than selling at the bottom. it is a U curve and recovery is already on the way.

I still have some kzl from last year at a loss - I bought a lot lot more a few weeks back at the bargain price of 50c and sold at $1. A 100% return in a few weeks.
do that a few times this year with any quality stock and yes happy trading days are here again