By: Chris Irvin, Veteran Instructor & Trader at The Wizard
It is the most frustrating thing in the world! You sift through, what seems like a million different stocks to find the perfect trade. You time your entry perfectly, and at the moment you enter the trade the chart rolls over on you. It is like the trading floor has a camera focused on you and everyone is told to do exactly the opposite of what you are doing. You can almost hear the snickering.
Okay, we all know that doesn’t really happen, but there are times when it sure feels like it. When we enter or exit a trade, it is as a result of something that convinces you that your stock is going to move in a particular direction for a period of time or the mover has ended. Continue reading "It seems so right – but it goes so wrong!"