What are the most valuable lessons you have learned?

Discussion in 'Trading' started by HuntingBenjamins, Jul 28, 2023.

  1. deaddog

    deaddog

    One of those startegies that always works until it doesn't. :)
    Did you get stopped out or is this now an investment?
     
    #91     Aug 9, 2023
    SunTrader likes this.
  2. Sergio123

    Sergio123

    I am a proud investor now.
     
    #92     Aug 9, 2023
    murray t turtle likes this.
  3. deaddog

    deaddog

    You should do well, except if you don't :)
     
    #93     Aug 9, 2023
    murray t turtle likes this.
  4. SunTrader

    SunTrader

    I made a day trade an investment ... once.

    Rode it down months and somehow, not from skill on my part, came out the other end in profit.

    Never again. Never.
     
    #94     Aug 9, 2023
    murray t turtle likes this.
  5. themickey

    themickey

    NGY00_Barchart_Interactive_Chart_08_09_2023.png

    The cash side showing still just a tad early, when it hits the red resistance it may pause and fall back.
    Looking interesting.
     
    #95     Aug 9, 2023
    murray t turtle likes this.
  6. themickey

    themickey

    NGY00_Barchart_Interactive_Chart_08_09_2023(1).png
    Long term view
     
    #96     Aug 9, 2023
  7. deaddog

    deaddog

    I rode mine down to almost zero. I like to think I learned from my mistakes.
     
    #97     Aug 9, 2023
    HuntingBenjamins likes this.
  8. %%
    LOL=that'$ progress only doing it once:D
    I've done enough profitable inevestments never to confuse the 2 ..................
    I have accidently overran my stops+ sometimes got gap loss more than i planned.
    To call [rationalize] a loser, by changing the name never made any sense@ all to me:caution::caution:
    IF that was single stock, could have easily lost it all or more if leveraged.
    READERS can have an advantage with discretion;
    plenty of single stocks went to zero[goose egg] + QQQ drewdoWn>80%.
    I REMEMBER the bank stock that went to zero; FIDELITY sent me a letter strangely \saying they would sell it for no comissions; i wrongly though =must be a long term winner WRONGLOL:D:D
     
    #98     Aug 9, 2023
  9. Sergio123

    Sergio123

    Getting in early is better than late. It should give some pullbacks to add in.
     
    #99     Aug 9, 2023
    murray t turtle likes this.
  10. SunTrader

    SunTrader

    And what if there is a pullback from the pullback? From the pullback .....

    Zero again?

    Ya know what they say about doing the same thing over and over.
     
    #100     Aug 9, 2023
    murray t turtle likes this.