Replies to post #29433 on lowtrade

[lowtrade]

Double bottoms for the OTC you mean. With the up trend the market is in, you don't find many DBs on the big board.

Example; When I did my scan this weekend I notice a huge difference in rising and falling wedges. Normally they are about even in number found. But now there are 420 rising and 38 falling. The big boards don't have many stocks heading south now days.

[picheljitsu]

You know, when it comes to bag holding, I've got into the mentality that it's money already lost. I think of it as I don't own it anymore and it may take a much longer time to recoup those losses holding it in the same stock, than to redirect it into something that'll recoup the losses much quicker. Locking in a loss hurts, but I'd rather try to make up the gains than bag hold. Haven't been a bag holder in a while since I started following this board. I still make mistakes, but I'm constantly fine tuning my strategy