I tried holding a gold position for 3 weeks watching the equity go up and down, waiting for a break out on a longer timeframe price consolidation. Most price turns happaned in foreseeable locations and times so profits could (should) have been locked in with a stop. I let profits run in my long term stock index positions which ive had since 2010, but even with these I know that sooner or later the gravy train will stop.
Me too. Heaven forbid, if I am holding GE or IBM long term I am in a lot of hurt. Fortunately, I hitched rides with folks like Uncle Warren... But Uncle Warren is not young anymore so I need to find a younger Uncle Warren.
the patient cheetah await the time to strike the pray before it flight but if the pray goes out of way the cheetah stop with speed the chase at other times just change the side as quick as flash draw down to gain the hardest thing is not to know but to do what it needs be done as fear and greed plays mind and soul so read the price as best you can but just act fast and do as well what is required comes haven or hell
I am finally facing the hard truth, that while there are many ways to make money trading there is only one way to stop me from losing more than I make...