"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.
ALL IN.
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.
well said.
ReplyDeleteAs for me, the most difficult part in trading is to identify your own voice whether you are singing really with the market or with the crowd.
ReplyDeletethank you po. petmalu lodi
ReplyDelete