Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: the Chief who wrote (18084)	7/5/1999 10:47:00 AM
From: Wizzer	Read Replies (2) of 62348

OT: Price becomes irrelevant most times is all I'm saying for a mostly for a beginner, and sometimes for a pro. It is psychology of trading. If you focus too much on the price you want to sell at (sell price), you will likely wait for a price closer to the sell price before you "bail out" , as a Rookie Trader. In that way you don't recognize that it may never reach your price as a rookie, and you become complacent in your trading thinking you will sell. Your STOP LOSS and your PROFIT GAIN could be in error because you tried to predict what the price would be. Your SELLING and BUYING are off also. Your timing of trading is off. Do you understand me? Regards, Wisam

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