I have one more bit to add and then I have to go bring the buffalo in....
Many people blame everything else for their trade not going how they want; bots, day traders, instos, fear, announcements. You see it here in threads all day in all holdings. But don't let them trap you into thinking anyone here is hard done by. In reality, the issues they have, IMHO, is they have no control of their trade. If you have no control of your trade, you are likely on a losing run in the long term. You may get a nice win first up, but like all gambling, you will chase it again and, inevitably, it will cost you.
You need to set boundaries and rules, but most importantly, STICK to them, even when you think you are taking a profit too early, be happy your pre planning returned a profit and move onto the next trade plan.
Of course, there are the one one in a million people that buy a penny stock and hold it until they are millionaires and get off at the top...Im jealou, but yet to meet them ;-)
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