Good thinking, but how much time did you invest to move in and out? What is amazing the net in 4/5 week, and the guts to quit and perhaps reenter. Adding at what points as you mentioned is for a seasoned trader and to be articulate about it is really good learning for all readers.
I am attempting to move towards concentrated positions. So full attention can be given to positions. What is required is a plan beforehand on reacting to different scenarios.
In this instance I was anticipating a good move after the order and was also aware that if the move will be smaller or could not sustain then it is probable to reverse as we were near resistance levels...I am reminded of my mistake in NATCO where I bought at the top because of news in May 2021 (so never trade the news only the chart)
I purchased jbl @107 for investment but turned trader after 20 % profit in few days can’t take position thereafter. Most of screen investors becomes traders after profits and retail traders turns investors when in loss
Good thinking, but how much time did you invest to move in and out? What is amazing the net in 4/5 week, and the guts to quit and perhaps reenter. Adding at what points as you mentioned is for a seasoned trader and to be articulate about it is really good learning for all readers.
I am attempting to move towards concentrated positions. So full attention can be given to positions. What is required is a plan beforehand on reacting to different scenarios.
In this instance I was anticipating a good move after the order and was also aware that if the move will be smaller or could not sustain then it is probable to reverse as we were near resistance levels...I am reminded of my mistake in NATCO where I bought at the top because of news in May 2021 (so never trade the news only the chart)
I am new to investing and learned a lot from your post. Simply Superb...Keep Posting.
I purchased jbl @107 for investment but turned trader after 20 % profit in few days can’t take position thereafter. Most of screen investors becomes traders after profits and retail traders turns investors when in loss
Ha ha
Great post! Keep posting.