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ragincajun83
1
ragincajun83 Jan 08, 21 11:18 PM

That's awesome man. As more time passes and you become more experienced, you'll control fomo better. The stock market is a never ending flow. There's always next week! And you're looking at losses exactly as you should. Cutting a big loss is just as much of a Win! Study hard! Enjoy!

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ragincajun83
ragincajun83 Dec 16, 20 2:24 PM

Let me clarify - The 80% I'm talking about is over all. As in, cumulative (all my portfolios). I know my success rate is about the same.

ajaltahe
1
ajaltahe Dec 16, 20 4:16 PM

Nice read thanks for sharing. Is it me or does anybody else get really pissed when you exit a position that you could have made 20 30 40% more but decide to take the singles?

ragincajun83
ragincajun83 Dec 16, 20 4:39 PM

Oh absolutely. But that's stock trading. Let the winners ride. Take your profit. I also find myself calcuting what could have been. Just have to move forward!

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ragincajun83
ragincajun83 Dec 01, 20 9:20 AM

awesome. I can relate. WE ALL can relate in this merciless, emotional game. Continue to reconstruct your mistakes. Sounds like you're already a step ahead - even though it might not feel like it. Best part about it, you can't hide from time. Market will keep marching on with or without you. Figure out a way to return the blow and play it at its own game. Holding and hoping will always get ya ;)

sheela_trades
sheela_trades Dec 01, 20 10:51 AM

Couldn't have said it better! Thanks for the insight

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Rivas
Rivas Nov 20, 20 9:58 PM

There is something that I didn't get though. As long as I know when you buy a stock the one day and want to sell the next day it does not count as a DAY TRADE so if you bought $BRTX on the 18th you easily could've sold it yesterday or today

StefanSchwarz13
StefanSchwarz13 Nov 22, 20 3:52 PM

@Rivas I sold part of it on the same day. Sure, I could have held it all, but I wasn't able to sell at just over $0.30 the next morning when I had planned to sell the rest.

LibertyBelle
1
LibertyBelle Nov 22, 20 11:56 PM

Blogging our mistakes helps a lot! It sucks to relive it while it still hurts, but later it is helpful to look back on it to reinforce the lesson. It helps others learn too. Good job documenting it. Be proud of that.

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ragincajun83
1
ragincajun83 Nov 01, 20 1:21 PM

The first part of getting better is downloading and analyzing your mistakes. And guess what, even some of the most successful traders still do that on a weekly basis. Once you can figure out how to consistently minimize the losses, pick better intraday or swing plays and NOT overtrade, you'll make progress. Remember, position sizing is incredibly important. That's one thing that I personally continue to struggle with. Example: Jumping all in / Using more than 50% of your damn capital / forcing a

ragincajun83
1
ragincajun83 Nov 01, 20 1:22 PM

forcing an avg down because you don't want to let the stock beat you. Stuff like that. Hope this helps.

Vaidas
1
Vaidas Nov 02, 20 6:55 AM

Thanks for sharing your mistakes and lessons!

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