Aurora Cannabis Inc (ACB)

[bsdvs23]

Agreed. That methodology and ideology can impose catastrophic consequences. Then again, you learn quickly who the real traders are... those who trade for a living as primary income. And those who may make a good trade here and there but consistency is far in between. Not knocking anyone at all, but the pros will call it like it is.... instead of money dropping and dropping and dropping.... out money is out there making money and being compounded by selling tops and of swings and repeating the process. If the markets turn and the major trend turns bearish (like it is now) we make money faster and hand over fist shorting the markets. It’s the nature of the beast and art of the game, which I absolutely has so much passion for in almost every breath I take...

Anyone reading this... have a written trading plan with very clear and specific rules. Understand WHY you’re getting into a stock, where you’re entering (and why), realistic targets, realistic stop-loss targets, cut losses short, scale out of positions when taking profits. Leave emotions at the door - it has no place in trading. Don’t try to be a hero calling a top or bottom, or buying stock over and over trying to catch a falling knife. If you enter a stock and it turns out you made a mistake put the price to the side and exit (mich easier to cut a loss short than have your account blow up and take you out of the fight). I’d rather chase a higher price when the market conditions improve and momentum is in the favorable direction, than to buy a stock because it’s been beat to hell and an individual believes it can’t go down any further. Tell that to the big boy tech stock holders with impressive companies

Trading can be a very costs tuition, individuals must learn from mistakes. Keep a journal of trades addressing why you entered, where you entered, exited, etc. learn...learn...learn... If I told you how many hours a day and weekends for the past 10 years, I’ve dedicated to stocks, charts, Futures, to master this craft many would ask when I have time for family and myself. I compromise and have plenty of time with fam, even teaching my middle school son. Trading has provided us with a great life and one that I never take for granted or ever get complacent. Always learning, always analyzing the broader markets, always taking profits when the market provides them, always cutting losses short, etc.

Have a wonderful night!!!

Sent from phone.