mikereahl67

forcing so many trades, not focusing on my rules and paying the price for it. need to stay motivated, and only look for plays with dip buys near support higher lows and double bottoms. need to stay away from stupid plays with horrible risk/reward. Keep studing and one day everything will click. until then when you trade make sure you are trading with an outlined risk from the start and stop trying to force plays that are not there. sometimes I can buy a stock for no reason or buy without a risk in place and that's the stupidest thing I can do.

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rox1018
1
rox1018 Aug 10, 17 11:46 AM

I did that today on HDSN buying into the failed spike at market open. Then it dropped hitting stoplosses. My strength is short on the back side of a move and HDSN did show an opportunity for a short below VWAP....

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rox1018
rox1018 Aug 08, 17 4:14 PM

i 100 perent resonate with this. One why I combat this type of emotion is too wait until the chart truly gives me an obvious entry point for a short or a long. And I start the day knowing ill only make one trade, I do this to help with my patience and wait for the perfect setup. I have seen progress with this. Good luck too you!

moneybags97
moneybags97 Aug 08, 17 8:11 PM

@jonliddle1018 thanks! good luck to you as well.

Frich1983
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ChristinaCage
ChristinaCage Jul 23, 17 3:59 PM

what would the breakout amount be for TEAR? I tried working it out but theres not real resistance I think its called. I think the support is at 3.19 at the moment. is that correct?

rox1018
rox1018 Jul 23, 17 4:45 PM

you can't really give an amount for how long a breakout can go. Im basing my analysis from the daily chart. There has been multiple breakouts that went up then straight down. The next major point of resistance I can see is around 3.90 to 4 dollars. Charts tend to respect the 200EMA on the daily chart

kohl17
kohl17 Jul 23, 17 7:51 PM

My list is the same ... thank you to share that !

ChristinaCage
ChristinaCage Jul 24, 17 3:58 AM

ah i see thank you, you unless theres a consistent breakout point to where it goes and then fails you cant expect anything

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