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Re: IonStock post# 69492

Wednesday, 12/23/2020 4:33:54 PM

Wednesday, December 23, 2020 4:33:54 PM

Post# of 90727
I've watched novice traders buy in at an awesome spot. Then they watch how much money they are making and they sell on a pullback. The chart was strong and never showed weakness but sold because they wanted to lock in money. "Trading the P/L"

The example I was thinking about was MBOT January 14, 2019 The novice trader was red for exactly 2 seconds and then green.... all green. The chart never broke down. Not even a fake out. Just healthy pullbacks. The novice trader sold on a healthy pullback because he was watching the money drop in his account. On 01/14/19 he bought in at $4.19..... I'll never forget it. And sold around $7 it went to almost $20 the next day.

Trade the chart