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- X
Sundial Growers 🏄🏻♂️🏄🏻♂️🏄🏻♂️
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Coach
only play with what you can lose, tell yourself before you get in youre okay with it losing, set stop losses/rules to live by. set your goals/targets beforehand and be okay with taking singles and doubles. only play reputable companies, the very high vol ones are basically gambling. also depending on your strategies try to average in and play a longer game generally. resources i dont have but advice i do
Mentor
You need to have rules that lead to a plan for every trade. Over 85% of stock investors do worse than simply using an "invest and forget" metjod in a broad index. You are not alone.
Example or rules are something like:
- I'll get in between $X and $Y.
- I'll take my loss if I lose 6% and set a stop there.
- I'll take half off when I'm up 25% or 10% more than the index this stock is aligned to.
- I'll close it out if the market moves up 2X the amount my stock moves.
Three solid books:
1) The Laws of Trading (Augustin Lebron)
2) My Trading Bible (Mark Richie II)
3) Alpha Trader (Brent Donnelley)