InvestorsHub Logo
Post# of 47295
Next 10
Followers 7
Posts 1893
Boards Moderated 1
Alias Born 03/24/2005

Re: lowtrade post# 14

Saturday, 06/04/2005 12:23:05 PM

Saturday, June 04, 2005 12:23:05 PM

Post# of 47295
Lowtrade,

I appreciate the candid feedback, it will undoubtingly make me a better trader. I don't take it the wrong way at all, for a newbee like myself all criticism is constructive. And I appreciate the time you have taken to respond back to me.

Well one think is for certain is that AGNT was an emotional buy, I realized after I made the trade that I didn't follow my game plan when I buy a stock. I was too worried about missing another boat. I bought due to the fact that its has been quite sometime since AGNT has reached above $1.00, should've waited for heavier volume but I was too impatient.
I usually buy stocks on a clear breakout on heavy volume, it is usually at elevated price, however I do like buying into strength. At other times I also buy when a stock bounces nicely of its support level.
My selling strategy needs to be formed far better, I find it to easy to buy stocks, and rather difficult to get rid of them. My selling strategy is simply selling when a support level is broken.

Thanks
BoomTime




Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.