Holding a winner becomes painful the moment unrealized profit becomes personal property in your mind.
Following the exit rule then feels like watching your own money disappear.
The solution is not stronger hands.
It is a different definition of what belongs to you.
Nothing belongs to you until the system closes the trade.
“In everything I did, I showed you that by this kind of hard work we must help the weak, remembering the words the Lord Jesus himself said: ‘It is more blessed to give than to receive.’”
– Acts 20:35 @StJude
@TheOneLanceB MU is more the leader in the memory trade, SNDK is more prone to larger swings relative to memory news
Makes it more shortable at my house + when they figure out how to make memory out of Ritz crackers, short em' both
100% true. Inherently there is small edge in breakout trading but under right conditions it magnifies dramatically.
Trick is to only trade when the edge works.
Took me lots of drawdowns and frustration in beginning of my trading career to realize that before creating breadth filter for Situational awareness.