"Trading success requires three basic components: an effective trade selection process, risk control and discipline to adhere to the first two items" William O'Neil
@austinmitchyblu Definitely the overwhelming feeling during earnings and therefore underperforming and feeling frustrated on moves missed. Implementing the filtering to simplify and being okay that things will be missed. Felt like you read my journal π really enjoying the substack ππΌ
"You gain 100% and lose 50% 10 times, you break even. You gain 10% and lose 5% 10 times, you make 71.64%. The key to big returns is optimal math, not the biggest wins." - @markminervini
Buy stocks showing relative strength with superior fundamentals & price and volume action at proper buy points where you know quickly if you are right or wrong.
Sell when the trend changes.
It might be simple but it's not easy.
"Australia βwill pay foreigners up to $50,000β to buy a new home as Perth market set to boom"
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