Pandabear
Pandabear Dec 28, 16 1:48 PM

@IceMan14 I mean drawing trendlines. I'm kind in a crazy cycle that I need to break out of. My problem is hesitating on good setups when I lose. Then not trading for a while because I'm scared then I have the itch to trade, so fomo trade, lose then the cycle repeats. So now I know exactly what my problem is I can correct it. You have to be mindful and self aware before during and after a trade

Pandabear
Pandabear Dec 28, 16 1:49 PM

@IceMan14 And don't be so hard on yourself. You've only made 15 trades, just think of it as market tuition and try not to make the same mistakes again. I've made 200 trades and I'm not giving up

IceMan14
IceMan14 Dec 28, 16 2:12 PM

I agree its funny when I take a step back. I could satirise the emotional cycle of trading. Speaking of flags, any opinion on GALE for a buy if it double bottoms? I don't want to buy it at 2.43

Pandabear
Pandabear Dec 28, 16 4:39 PM

@IceMan14 I'm not good with buying double bottoms. I used to do it and lost a lot of money. Prefer to dip buy on stocks up an uptrend not downtrend. The only time I'll buy something on the backside is when it's a really low float and it's dropped a lot which means it could bounce or a panic dip buy on OTC stocks. I wouldn't touch $GALE but it's up to you and what you're comfortable with.

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