PM that was a great sharing and one we all need to be reminded of. I have been up and down so many times, the over confidence is a killer. I know I would do much better taking less trades, lower targets just using key reversals.
Unfortunately I often get greedy and dont take profit at the best time. I note that Ipod has cut profits short at times, and there has been a saying around for a long time, leave some profit for the next person its a much safer game.
The other mistake is to trade too large a parcel, and I have been considering this to be a big mistake of mine at times as well.
As for the indicators, not a great fan of many of those as by the time they are positive I am probably out. The only 3 I use only if they are supported by price action, key reversals, support and resistance would be OBV, RSI & Acc / Dist but honestly even then I take them with a grain of salt.
I prefer to trade a cross of fundamentals and T/A but lean more to T/A simply due to the fact true fundamentals are really hard to get a grip on. The companies provide so much rubbish through smoke and mirrors who knows whats going on half the time.
Good luck with finding a job, it would be hard times at the moment. If you have some history in sales or presentations, I may have something comming up in a month or two but guess that would not help you right now. Nothing to do with the Stock Market or finances but [email protected] if you think something like that may suite.
Wish you the best in the coming year sounds like you could do with a change
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PM that was a great sharing and one we all need to be reminded...
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