Noted sir, Siguro i' ll try nga by myself muna , I think my entry points are improving.more or less common goal ng papasok sa trading is capital growth
a. peer group in the sense na sharing of achievements/progress ok yun,
b. pero peer group na seek comfort kung naipit/FOMO or rely sa what stock to buy/sell ay bad yun , prone to emotional, pump/dump trading plus di ka mahahasa at madidisiplina
gurus with long experience pero yung fees is way too much na kasi for beginners na hindi naman guaranty na kaya iduplicate dahil at the end of the day ikaw padin may responsibility kung pipindutin mo yung buy/sell.
kung kaya mo intindihin yung cut loss kung na FOMO at habaan pasensya para mag abang ulit sa ilalim, I guess no need for peer group b
sample scenario:
Big players sa market na FOMO, ask mo sino mga nagbebenta at bumabalik para bumili, cycle lang
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will do sirtry mo makinig sa podcast ni kap kidlat sir very juicy mga topic dun.
ok sir hanapin ko yanWatch ka ng coffeezilla sa Y⊕ùTùbé para mabuksan mga mata mo sa mga gurus na yan hahaha
quite a bad habit , -10%,-15% and up? (buy back levels na usually ng mga Big players)Cut loss -15%
simply trade what you see, not what you believe or what people say (news are news=check mo sa chart kung paano magreact mga traders)Walang pakeelam ang merkado sa mga beliefs ko.hehe
two words (GREEDY + EMOTIONAL), only way para ma overcome in case may gut feeling na baka tumaas? Lock in Profits sell half of your shares para pag umakyat no regrets may naiwan pang ibebentaMay problem din po ako when to take profit, Pero if i did not sell $ACEN i'll be up up to 40%++ today.
IMHO Big NO I doubt susunod ka sa magsasabi na magcutloss kana and if you do at tama yung calls nya na magcut? next trade aasa ka ulit sa kanya kung hold or cut na ba sir/ma'am? (will become a habit, a very bad habit hahaha)what if may peer group. Mag iimprove pa ba ako? may mag sasabi ba sa akin na mag cutloss na ako kahit ayoko mag cut loss.
quite obvious, mindset mo is big profits per trade (dapat kumita ako 10K, 40K in just a single trade), which is wrongfrustrations.
me when starting in stocks?friends or relatives that can relate