Self-Analysis
Don't try to conclude from a chart if it goes up or down, isolate yourself from noise and just write down what volume says and then write down what MACD says like that and finally on your reading of all these u decide what will be the next price action
I need to definitely follow top down analysis,
How can i find stocks that are resisting this down trend?
I can recollect i had a very good luck by looking for stocks in news paper IIF and there was other stock that i didn't buy because i thought it had moved too much.
i think i need to wait after i had my position calculated and stop loss in place, the key is i need to wait for the trade to take effect.
Problems in me
-Not buying stock thinking it moved too high.
-found myself buying stock just as i want to getting into trading
-I am not placing a stop loss after i bought a stock.
-there is lot of emotional drama in once i buy a stock
-My journal is not reflecting my reasons i bought them.
-Every book i read seems to be right and i am ending up reading book after book.
-I need to develop detachment from market as darvas
Labels: Psychology
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