
Beginner lesson waiting game
Wait period. Stock trading needs emotion but positive emotions and patience. I sometimes got anxious and the screenshot indicate show me chasing and double down.
Recently learn a technique to have a range in mind of the stock u want to buy in, as well as the maximum u willing to lose and that's when you act on it after calculation of your capital. Lastly set an stop loss on what u willing to lose and an alert for the amount you wish to sell for and then it's time to wait. Like fishing it's not about how many fish you caught but about catching the right fish that you want. The reminding time before that fish appear. You need to find ways to let time pass and ensure that the activity does not affect you. Good example is you can do work or go out or anything that makes you happy. Bad example is that you use that 2hr staring at the stock going up and down.
Have fun trading.
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