This is a “ take the money and run “ market

This is a take the money and run market ! As soon as you make a decent trade, walk away. If you dont, the risk is much higher ( in this market) that you give the money and them some back to the market.
When you choose the one or two stocks that you think will move to a certain price point and you get a good fill, be realistic with you sell point and if it happens, walk away. The chances of making one decent trade in this market is tough, why push it? When you hear someone talk about “ trading discipline”, thats what it means.
I did it today with NRG . It was a bank america upgrade and i methodically bought the gap up.

 

This is a “ take the money and run “ market

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This is a “ take the money and
take the money and
take the money and
take the money and
take the money and
take the money and
take the money and
take the money .... “ market.
So don't run away!!!!!



The market is moving massively.
Don't panicky run away from it!
Don't avoid it!
Go profit massively from it again and again and again and again!
Don't just earn a penny and then run away from the market!
Listen to your OuterVoice (conscious mind)
if the inner voice (subconscious mind) is out of control.

 

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SURE is /InnerVoice;
on some stuff like XLF,NRG, but buying countertrends below 200 day moving average, tends to always be that way.[Different sector\ but CVX = good downtrend most of YTD]
QQQ has had some strong up trends almost all year== MARCH can be wild either way in TECH LOL Nice 200 dma uptrend on QQQ + related .Thats what a good uptrend means also.

 

Hello Innervoice,

This has always been a take the money and run market.

 

Simple,

but aren't you perma long SnP ?

 

What happened to cut your losses and let your winners run? Big winners do not happen overnight in most cases. It takes time for the setups to materialize and for the stock to breakout higher. Trends last longer than most people think. What is wrong with riding a trend until the trend ends?

 

Run to the hills…. and buy gold, the end is nigh, again.

 

The temptation to over trade after a winning trade is tempting but dangerous. Take the money and run.

 

Well, usually you keep going when you make money, and you stop when you don't.
Not the reverse.

 

Just sell the losers from the KRE whenever it gaps up. Nobody would be stupid enough to hold these regionals overnight except for the WSB YOLO crowd.

FRC WAL & PACW are constantly getting killed intraday. I think HBAN is a dog as well. Massive HTM losses YTD.