Some trades I cannot publish here on Tradingview (such as Save) bc they require constant updates based on my methodology that require prior education and understanding. However, we can talk and learn from this recent wild move.
Anytime you find yourself wanting to buy in a rebound move, often the move is rapid and gives you zero chance of getting in. As such people chase and bc the move is designed to provoke emotions. If you allow those emotions to dedicate a trade, you will end up hurt.
You will either bet the far and a small counter-trend move will blow you out OR your gains will never be enough, as such you will hold it until you lose.
Remember this, great investors have endless missed opportunities. Loser traders are in every opportunity.
As such let it go! Wait for another setup that might present itself in the future.
Anytime you find yourself wanting to buy in a rebound move, often the move is rapid and gives you zero chance of getting in. As such people chase and bc the move is designed to provoke emotions. If you allow those emotions to dedicate a trade, you will end up hurt.
You will either bet the far and a small counter-trend move will blow you out OR your gains will never be enough, as such you will hold it until you lose.
Remember this, great investors have endless missed opportunities. Loser traders are in every opportunity.
As such let it go! Wait for another setup that might present itself in the future.
Comment:
Comment:
This is precisely why I told you to let it go. Wait for the next bull setup. ;)
As expected!
As expected!
Real Macro Economic Investing
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