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1)Having a written plan. For whatever reason writing it down cause you to follow it. Something simple enough that anyone could trade your strategy by following the plan. 2) Follow the plan!!

%%% none of your posts are clear :D:D:rolleyes::rolleyes::D:D %%% The part about the 200dma thats not clear is how you use it:caution::caution: You going to shoot Bambi :( Good hunting. :caution:

So you're not keeping track. :) :)

Sounds like you are both a trader and investor. I'm not trying to put a label on you, just understand what you are doing. Some long term, some short term, some bonds, etc. Are you keeping track of the different strategies and which one would you pick if you could only have one?

We are a bilingual country, actually 3 if you count newfie, but I don't understand either.

As a trader you can make money by selling and re-buying. How does it make sense to hold a stock that is falling?

It's not a problem if you use tax free accounts. I learned a long time ago that not taking a trade because of tax consequence eventually cost me a lot more than the tax would have. I watched a tech darling go belly-up. Changed me from an investor to a speculator. I don't have any idea where...

Let's see; You say "and get out fast when you are wrong...something I do not do..." Is there any remote possibility that by not doing that you are affecting your results? Nah!! that probably has nothing to do with it. :)

Well that's one way to never have a loss. :)

I never said you can't buy a stock back after you sell it. You can compound your portfolio by selling as the stock drops then buying it back at a lower price. If it turns around after you sell it you can always buy it back a little higher. If there is a downside, it's that you might miss a...

Even the index has a process for culling weak stocks. They use market cap.

That's the part I question. Why does it make sense to hold thru a 30% retracement? Especially in a ROTH ( Up here in the frozen north a TAX Free Account). At one time commissions were a good excuse but not anymore. There is very little downside to moving to cash when the market beings a...

Do you see yourself as a trader or an investor?

Why would a passive investor be on Elite Trader? :)

If not share price at what point do you drop a stock from your portfolio? With a multi decade horizon what would be your rebalancing process?

You see the problem is not Brooks. It's not trading with or against the trend. It's not what's emotionally easier. It's that the trader doesn't do what he knows he's supposed to do. The problem is not the strategy; it's the trader.

Are you from the "If you don't sell you don't have a loss" school?

That doesn't mean you couldn't trade around that retracement.

That's what I thought. How can you tell if the dip is fucking?:)

If you consider it house money then you're kind of admitting you are gambling. If it's in my account it's my money. It's how you look at things. If I buy a stock at 10 bucks and it goes to 20 then falls back to 15 where you sell it, have you made 5 buck or lost 5 bucks?