consistently trading at wrong times

MarkBrown said:
you need to learn how to spot extremes
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Like Rich Dennis said, ''expect extremes''
Sounds like his problem is exactly like the elitetrader who asked ; ''WHY does the market always reverse when I get in??'' Another elitetrader counseled ''STOP trading so big'' LOL/true.

WHEN all else fails+ the years fly buy; try learning to trade with one share of spy or qqq.
True-- thats an extreme/ small size. But like Rich Dennis warned ''expect extremes''...…...………...…………………………………………………………………………...…………………………...Worst thing most of us did/leveraged ignorance.Wisdom is profitable to direct
 
mute9003 said:
so the good news there is consistency in my trades. very high
the bad news its backwards


i manage to buy right before major dip
and sell either on same day or days before major spike on that stock..

i also noticed that a highly volatile stock literally flatlines when im holding it(not as consistent anymore since i buy and sell less frequently.

i started trading last year and even though i have been reasonably successful in not losing money overall (before the most recent purchase and dip i was at over 135% of total profit since begining of trading.
but at the moment im in negative
small acount (was up to 4300 last week now back down to 3000)
i had a major dip in my account few times and thankfully read about loss management so i didnt freak out aand handled it pretty well. waited out and made money after.

i do manage to recover by simply holding until it goes back up which takes months sometimes

im trying to figure out what im doing wrong so i can keep the same consistency but reverse the polarity of my decisions so i buy and sell at the right times instead of wrong times lol
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Are you trading throughout the entire RTHs?
 
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