Traded $IFAN M/D breakout yesterday into the close and sold it this morning for about a 10% gain. The entire market was down over 1% today and 3 out of every 4 tickers follow the overall market so had I reminded myself of that before market open, I would've locked in gains into the initial spike after the gap up. But i stayed patient with it due to it being a multi day runner, but I couldn't stay patient enough. My plan was to hold it for a few days but I got shaken out today and locked in profits due to the overall market. Always pay attention to the big picture, and not just one small part of it. Gotta improve on my sell orders and be sure to always lock in profits into strength. Never stay too patient with any ticker, especially on days that the DOW and S&P are both down over 300 points. If it's not going up or gaining momentum, then its going down (or about to) and losing steam/hype. Gotta make quick decisions and be convicted with every decision and trade.
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