9:52+1 am: Watching a short-mid term trade that's grinding on resistance, on the brink of breaking out for a whole 2.5 weeks now. Patience was never my strong suit.
Trading Tip: Be patient.
At every level, whether daytrading or investing. If your chart says that you should wait for a ~20% drop at a particular support level, don't let the stock fool you into believing it's bouncing and running away without you.
Likewise, If you've bought a stock on news and it isn't moving, give it a couple of hours time. Yesterday's K2F reminded me that it can take over an hour for a stock to bring in volume and move after intraday news.
Trading Apparel:
This is not the kind of patience I'm referring to (See yesterdays tip on stops losses)
