Time to redirect my focus on a lot of different areas and especially, my data research. I spent more than four months studying charts, etc and used Yahoo finance as my chart reference before I finally got to experience the stock market,. Now, I can safely say I was definitely overwhelmed by my lack of knowledge and experience and how it affected my application to the art of trading.
Best thing I ever did! I put a screen shot on my phone, of the phrase "Remember that 9 out of 10 traders lose and why do you think that is. It is entirely because of over trading. My completed trades so far - Eight trades in two months and no trades for over a month now.
I still watch the market open everyday but Im currently focused on how to improve the effectiveness of my watchlist and other areas that needs improvement in my preparation. . Therefore, a hypothetical time out but I'm quite happy to study the market everyday for the time been....
As a final note, they say never to fall in love a stock. "ZSAN, you complete me!"
Keep watching Tim's lessons - the correct entries and exits will become instinctive :)
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