Tip toeing back into trading

Discussion in 'Chit Chat' started by VicBee, Sep 11, 2024.

  1. VicBee

    VicBee

    After having stepped away from trading for the better part of the last 2 years, I've decided to get back into it with what I'll call the crumb strategy. Simple rules: stick to the half dozen stocks I'm very familiar with, wait for a drop to enter with significant size (30%+), then exit after 1-2% gain, usually the same day. A sudden reversal (haven't had one yet) triggers a sell at 1-2%. No shorting.

    The purpose of this exercise is to regain confidence of my judgement, which I sum up as educated guesses. These are stocks I've been following for almost 6 years, both in news and charts.

    It's only been a month.
     
    gwb-trading likes this.