lowtrade

[PlanTrader]

Picassa, why didn't you determine your risk upfront by using a trade plan as lowtrade always says to do? Then, you could enter again after the stock gets strong again and triggers your entry price? That way, you would only take a small loss initially and would still have a shot at a nice profitable trade later. Are you still trading on emotion? You seem to start out with some decent chart analysis, but then you throw out the idea of using a stoploss order as part of a trade plan? Have to use an exit target, too. Keep studying lowtrade's teachings. It's one of the only solid ways to avoid being a victim and watching small losses turn into large ones.

I still think silver will end up a lot higher, though.