"A man is not finished when he is defeated. He is finished when he quits."

Wednesday, May 2, 2012

Exit with Gain





And finally out of this trade. Got a nice push back toward the HOD and I exited into the strength. + $1.05 is my best gainer in recent memory, if not my best ever.


Amazing how relaxing and enjoyable it is to do the following:


1. Enter with the trend

2. Enter early and not during consolidation

3. Avoiding early cut and run exit.

4. Faithfully stopping out early trades then catching a winner that makes up for it.



What I need to consider:

1. Trend is the friend

2. Look for chances to add to winning trades

3. Relax.

No comments:

Post a Comment

Thanks for taking the time to comment. I'll review your remarks and post on the site assuming they are respectful.