Alright, after rewatching the video lessons and reviewing my mindset in analyzing stocks everyday, it's starting to make sense--actually I've made a number of good projections since the last time I posted a blog (to myself lol).
I've tried getting into trades where I anticipate the stock will play out according to the indicators and trends I see in my analyses, some I missed but most of them I hesitated big time. I won't lie, it's nerve racking to press that order button after the losses I have had in the past.
I know the difference between then and now is that I now research the stock's fundamentals, baseline the past performance, correlate the intraday trend with the baseline, and establish risk/reward estimates based on my findings. But the fear of another loss is something to overcome...I need to grow a pair.
I have that same problem brother. When you find that set make sure you grab an extra for me thanks lol.
It's all about risk management. If you are risking off of key technical levels and risking an amount you are comfortable losing then you shouldn't be afraid to enter a trade. Like Tim says, he trades scared so he isn't scared to trade.
The more you do IT The easier IT gets. I had alot of really big And bad losses but this can’t Get in The way of taking The trade. Buy of key support levels And correct risk management then this shouldnt be an issue either way :) GL And study hard
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