InvestorsHub Logo
Followers 85
Posts 7947
Boards Moderated 4
Alias Born 01/24/2007

Re: kevin 3 post# 80626

Sunday, 02/19/2023 7:44:10 PM

Sunday, February 19, 2023 7:44:10 PM

Post# of 90732
LOL did you even read THAT LINK?

Key Takeaways:

1. Waiting for your Entry Point (many here claim to enter daily "adding here!" lol)

2. Ensure you have DEFINED EXIT POINTS along w/ STOP LOSSES. - Don't feel pressure to get in on every trade!

If you find that you have lost control and entered a stock before its time, it is usually best to exit the trade and wait for it to develop based on your predefined rules and not on your emotions. Take the costs associated with the trade as a lesson, learn from it, and move on.

Etc etc.

I agree, the article is worth a read. Here's what its NOT ABOUT:

1. Entering on company promises and/or message board hype

2. Be patient with losers - hold on forever wishing / praying / hoping there's an effective pump to end the pain and allow a better exit.

Whatever. GLTA!