I know I missed my first lvl this morning before the drop by a whole penny! Hehehe
$Mesoblast(MESO.US$ Well its now started filling the gap from 3.68 to 8.00! there is no more resistance to break since beginning of August when the huge gap down was created! But i see 4+ before close? JMO![]()
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sendhelp : I like it! I only invested 10 shares tho
NewbyTrader sendhelp: at least you got in with 10... I missed out entirely!
TrytosaveabitOP sendhelp: Yes but a win is a win! And consistent small wins will build a great account over time! Actually pretty fast, and a lot of people don’t understand that! But I did a experiment last year for 6 months to prove it can work! And my end result was eye opening to say the least! But I also have to say that there was a couple trades during that experiment that are definitely not the normal! But since they did happen in the allotted timeframe I had to include them! Because those type of trades do happen. Just not the norm! So congrats on the great win/trade! Because any winning trade is great! Not everyone has 1/5/25/100K to do this! But if you take the small ones you can afford and do it consistently and correctly! You can and will get to the big numbers! Congrats!
sendhelp TrytosaveabitOP: you must be some trading Saint send here to save us noobies, But thank you! I already lost 99% of my account but I'm still hanging on and trying better ways instead of blindly buying and selling
TrytosaveabitOP sendhelp: Thank you for your kind words! But nope just a guy who learned from big mistakes and lots of studying charts! Even the type of mistakes you’re talking about! And all I try to do now is give a bit of help to others so that maybe, just maybe they don’t have to take such a terrible beating as they learn! Keep trading with a plan! Limit losses and when profits are present? Scale out as it goes up to secure them a bit at a time! Yes you may could have made more if you waited a bit longer to start scaling out? But on the flip side. If you didn’t start scaling out and price drops fast? Well now you have no profit! Hehehe! And missing out on a bit more is fixed by there is always another trade! And when you’re using profits to get in that next trade! Well you’re winning already! Hehehe! Again thank you for such kind words
Learntogain TrytosaveabitOP: @Trytosaveabit scaling out means not all at once instead buy in chunks?TIA Bro
TrytosaveabitOP Learntogain: Yup! Because as you scale out you lower you diluted cost! Which in turn allows you 2 things! One, to secure some profits! But it also allows you to absorb bigger pullbacks and stay in profit! And it also allows you to buy more if it really goes up and still your diluted cost will be lower than current price!
Learntogain TrytosaveabitOP: Thanks again
TrytosaveabitOP Learntogain: YW! GL
4ashizzell 4ashizzell: i'm blocking you