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Re: 05gtoman post# 33915

Friday, 05/09/2014 4:10:22 PM

Friday, May 09, 2014 4:10:22 PM

Post# of 50129
Sorry to hear that friend. If you are not doing this full time then you should always have a trade plan every time with stop lost. Don't be greedy and sell when you have profit. Your trade plan should always have an entry point and an exit point for both red and green. Mine is usually 10% max but there are times that I break that rule for longer swing trades. To win in this game is slow and steady.

Also be courteous to your fellow traders and always sell on the ask and into the strength. If you sell a big position when you met your goal while the ticker is going up then you just ruin the momo for the remainder traders.

Yes it is a dog eat dog world but everyone here has the same end goal. I am a firm believer in karma.

GLTA.