"When the market speaks, we listen."
A few weeks ago I started accumulating a potential super play.
With its setup and liquidity and everything else taken into
consideration, I decided to go for the trade.
Of course It wouldn't be all in one day. Certain parameters must be
set and confirmed. We enter a trade because we believe it will
show us a profit. But even with a bullish bias, I keep a level mind.
Before I enter, I know my stops.
Unfortunately for me today, the
market has spoken against my bias.
And I listen.
If the stock rallies and I get whipped, it's fine.
I can always buy back.
Trading is like war.
It does not determine who is right... only who is left.