daytrading sept 4 morning

Morning all. Thanks HLL and all the regulars.

Notes to self: One of the hardest things about trading is to be "dynamic". Like driving, it seems safer to move slowly, but in the end you won't get very far. We have many posts where it's obvious that the poster is stuck with a stock and is just riding it to get back to buy price and sell. So we get these posts about BLAH might run this arvo etc. You really have to forget about what you paid for a stock. The chart and the market tell you what's going on.

Stop loss; sell and buy back; move to another stock. If you have made a wrong trade, don't get tied up on it for weeks. It's no good wishing it will come good. Take some dynamic action to move the process along.

The same thing can happen if you get a "good" stock. Peeps just sit and watch the SP go up. This builds a false sense of security and when the time comes to take action you are rusted on and ignore sell signals.

Right. Today I'm gonna be a bit more dynamic!

US posturing about Syria. What can they do? Bomb a city? Not likely. Hope it goes away. Yeh, more likely.

Check open orders.

Happy Trades.