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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.46-0.9%4:00 PM EST
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To: Joppike who wrote (72980)7/10/2015 4:53:48 AM
From: GROUND ZERO™2 Recommendations

Recommended By
GoodGord
Justinfo

   of 222815
 
I don't think "riding it out" is a good idea, not for me anyhow... if the market doesn't go almost immediately as I expect it should, then I'm out of that trade very quickly... I have no problem getting in and out several times until I catch it right, but for me to hold a position that didn't move as expected and just ride it out is never wise... but, that's just me...

My simple trading philosophy: if the market doesn't move right away as I expect it should, then I get out and call it a bad trade and then take another fresh look while not in a position...

GZ
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