Dear members,,
Perils of day trading ,, we have discussed this many times,, if ticker goes wrong way ,,get out ,,if it goes right way ,, take profit ,, don't sit there and do nothing ,, we hit big but we make sure we take small losses,,
Stocks like LEAP ,,we buy low and sell on hype ,, never buy at 7 at open,,,
Never place a open market order,, always wait for 10 AM ,,sell off,,, unless its a sure bet and mms are sleeping on it ,,
Never day trade if you have errands to do ,, or have an emergency ,,jest close the position out ,, the greed is the downfall ,,better to take 1/4 - 1/2 point loss and move on to a hit then ,,sitting there ,,hoping ,,wishing ,, that it will come back in your minds eye ,,it will not ,, never fight the ticker,,
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