
@my_monay hey man, i saw your frustrated comments you wrote in the chat today. I looked over some of your recent trades, and one thing stood out right away to me. i saw many losses over 10%, and even some over the 20% area. the number 1 rule in trading is to cut your losses quickly. never trade on hope. cut your losses quickly, and if you still believe in your initial read of the stock, you can always get back in later at a different price. cut your losses more quickly and that should help you a lot. try to keep your average loss below 5%. that will help you protect your money. don't forget, protecting your money and not losing it is almost MORE important then how much money you are making. good luck! i'll try to be of assistance, and i'm sure there are many other people in the chat who are far more successful than me (like michael goode, ask him a question in chat through private message and he'll help you) who are willing to help
also, maybe try paper trading for awhile until you refine your strategy, that way while you're learning, you won't actually lose any real money
I appreciate your advice man, and yes this is very frustrating.
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