I have been trading the stock market for just shy of 40 years, and if there is one constant message that I have learned from trying to anticipate market price moves throughout that time is that in order to be successful YOU MUST know how to react,to market direction and do so immediately, the moment it occurs, by PLACING THE ORDER.
REGRET is one of the most painful emotions that too many traders have felt.
How often, ask yourself, have you felt the sting of having known EXACTLY what was going to happen next in the market that you were trading, and then WATCH it happen EXACTLY the WAY you thought, .RIGHT BEFORE YOUR EYES ONLY NOT TO HAVE PUSHED THE BUTTON, and EXECUTED on the TRADE.
Depending on the size of the trade, that decision that you made NOT to place the order, can have significant damage to a trader, both financially and emotionally, and unfortunately for some, the damage can last a long time.
One missed trade, can cost a trader fortunes, in intangible yet very real ways that literally can eat at your psyche going forward damaging all the preparation you had done, to get yourself to that moment.
DON"T EVER LET THAT HAPPEN TO YOU !
ALWAYS TRUST YOUR TRADERS INSTINCTS,AND PLACE THE ORDER !
The financial gain or loss will be secondary to the knowledge of knowing that you had the i courage and wisdom to honor your gut... when it mattered the most,
Thanks. Appreciate that coming from you.
Hope you received my direct email to you on 11/29, regarding your website,
and it's excellent assist in helping me out :)
.
If for any reason you didn't get it, let me know.
gvoommen
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Great insights as always. So what do you think based on the current market situation will it go down or not.