Replies to post #4840 on DayTrading QQQ Swings (QQQ)

[skoosht]

Good point Blasher. I chose #1.
Took my profit and had a very relaxing breakfast and a nice cup of coffee. Stress is not good, LOL

[boutonj68]

I don't stress nearly as much when I have a stop in which insures me a good profit LOl, but better to make more than less. I agree with Skoosht, I cannot figure why this market is up at all!!! Should have seen ten year lows by now in my humble opinion, but I will not fight the trend, there is no way to make money thinking the market should go one way when it doesn't want to go that way.

[spdpro]

13:07 DONE, missed the long play due to indecision and I do not like what I'm looking on top for short. Later today Who knows? Friday will be >> Full Risk Day <<
Later

[Neutral Man]

Blash... I have the Answer, well, me answer anyways!?

How would you feel if . . . ...

1 - you Banked Profits and stopped stressing .. then QQQQ went a little higher and you missed out on a little more Profit
2 - you Held Calls and QQQQ went a little higher and you made a little more money, but added stress until then
3 - you Held Calls and stress .. then QQQQ went lower and you didn't make as much as you could now
4 - you Banked Profits and stopped stressing .. then QQQQ went a little lower so
you made the right choice!

I'd feel the Exact same regardless, being able to accept your decisions is half da-Game, being disciplined enough to just take da-Freakin Profits, well, Price-less!

Once the gain is posted you have ALL kinds of opportunities to reconfigure later that day or the next for dat matter!?

Have-ing data that supports probable Out-Comes if prices continue to trend will help you decide, in other words, if higher means its more probable for a Drop, then take the profits and PRAY da-Boyz are FOOLS enough to take-r Higher so you can start SHORTING?

Good trading ALL!