I'll post the stock I'm buying Monday morning Aug 3

To the OP: This is more difficult than it sounds, but think like a machine. A machine has no emotions.
During our trading career we have 'ahaa moments'.
The ahaa moments arrive when we get an insight into something which then grounds us.
Emotions are killers in trading, especially negative emotions such as regret, anger, disappointment, fear, hope (dangerous for trading).
My advice, you gotta be a machine.
How can we be a machine?
The ahaa moment - That markets are largely driven by machines, algos, institutions with strict trading rules. They trade by automation often in the general sense they are rules based.
When markets go down hard, don't fear, 99% of the time they rebounce.
But a warning: If you trade small cap stocks none of the above applies.
Yea I'm still new and learning. I have had some success so far so my confidence is a little higher than normal so I'm trying to keep my emotions out of it. But great advice and I'll take it to heart. Thanks bud.
 
"Experience is the best teacher".

You go Foot.
Thumbs up here. Keep us posted... and keep it small.
Thanks vanzandt, I may fall flat on my face on this one but I can only see this going up way up big and dont mind criticism as long as it's somewhat constructive. But your encouragement and freindly words are very kind. Thanks buddy
 
Thanks vanzandt, I may fall flat on my face on this one but I can only see this going up way up big and dont mind criticism as long as it's somewhat constructive. But your encouragement and freindly words are very kind. Thanks buddy
Just keep it small. Don't get stupid with margin.
And the penny stocks are rife with scamola btw.
Do what you need to do though.
 
Just keep it small. Don't get stupid with margin.
And the penny stocks are rife with scamola btw.
Do what you need to do though.
That's mean a lot and I'll certainly take any advice you can through my way.
 
You're welcome. It was a levity post. I sometimes do that. Follow Vanz's advice on yer stock bits, and you'll have an advantage that non-ET-ers do not.
Gotcha overnight. Yes ill listen to anyone and anything that takes the time to shoot me some advice especially while I green as a unripe banana.
 
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