Overnight asks - Does Anybody Here Have Stops in Their Mutual Fund or ETF Fund? For Cryin' Out Loud!

Discussion in 'Technical Analysis' started by easymon1, Jun 18, 2021.

  1. easymon1

    easymon1

    I haven't been reading your journal, this is true.
     
    #31     Jun 19, 2021
    ChipShotTrader likes this.
  2. Overnight

    Overnight

    AHHH! You've hit on something I have had trouble with mentally. After taking a huge bonk on the head, I have been very reluctant to get back in because of that bonking. I have been struggling with that internally. Take lump, then get back in and regain that which was lumped, hehe.

    So I decided, "why take the lump?" The end result would be the same. For example, take a 1K loss, then gain back the 1K and be at BE.

    Why take that loss in the first place? Trust me Mr. Sun, I am working on that in my head.

    I really find more satisfaction clawing back a day's loss and ending at BE, rather than just riding a drawdown. But just riding the bear takes less effort and so that is where I am at right now. :)
     
    #32     Jun 19, 2021
  3. SunTrader

    SunTrader

    Chandelier stops.
     
    #33     Jun 19, 2021
  4. easymon1

    easymon1

    #34     Jun 19, 2021
  5. Come on, MON!

    Read it, then take a break of a couple of days, then reread it again. THEN, talk to @Overnight
     
    #35     Jun 19, 2021
  6. easymon1

    easymon1

    8 ball.jpg
     
    #36     Jun 19, 2021
  7. Sure. But many times you have to open the wrong door, to realize it's the wrong door.

    It's a learning experience. That's why I am hesitant to show my work (plenty of desks I could be at). I am not an educator, and I sure as hell won't reveal things that cost me blood, sweat, and tears...
     
    #37     Jun 19, 2021
  8. #38     Jun 19, 2021
  9. Overnight

    Overnight

    Man, that is VERY disappointing. You are giving away all the answers to the Magic 8-Ballâ„¢ before anyone has had a chance to shake it! Booooo!
     
    #39     Jun 19, 2021
  10. easymon1

    easymon1

    When life gives ya Lemons, baby, MaKe Lemonade.

    Would you mind editing the Overnight Edition of the Magic 8-Ball?
    I'll buy one, gauraaaaanteed!
     
    #40     Jun 19, 2021