MTrader wrote:
@Pete Ya, you are definitely right, I was trying to make something out of nothing and then when they did go against me (even briefly) I didn’t have the confidence to stay in it.
The last part of the sentence is critically important, “I did not have the confidence to stay in it.” The market had already staged a great move and the first little dip spooks you. 1OP will temper your excitement. If it is in a bearish cycle, wait for it to run its course. As it is doing so, find a stock that is holding up well. Make 100% sure that you have the market lining up before you take an afternoon trade.
