dude, if your problem is moving from one mistake to another, then you need to take a step back, examine your discipline and rules for your trades,(if you don't have any, then make some), determine whether you are following others into calls blindly or whether you have a fundamental understanding of why you are in your trades, then either allocate properly, either long or short so that your position running against you 50% won't cause you lost sleep, or use TIGHT stops.
Once you have done that, then make sure you stick to what YOU yourself know and believe about this market and do not allow yourself to be swayed or shaken from your fundamental positions by others, including CNBC.
Remember their job, meaning "them" in the broadest terms, is to push stock out the door, period. Whether they insert it voluntarily or forcefully makes no difference to them. No one on CNBC has altruistic intentions, and few on SI are looking out for your interests either.
Remember, buyer beware~ |
