I'm making this Blog Post for a Reminder to myself that I'm still a Newbie and I don't know it all. I have got very confident over the past month because I was making profits and I wasn't following Tims Rules at all (when it comes to cut losses quickly) and it caught up to me very quickly. I'm am glad it happened sooner than later, so I don't continue to make these bad decisions.
The following are Bad Choices I will no longer make:
1. If I miss a play, I won't get back in unless the set up is there.
2. If the chart goes against me, I will not stay in HOPING it will bounce again.
3. I will not size up again until I'm more knowledgeable.
The Following are Rules I WILL abide by:
1. Don't get Greedy
2. Singles Add up
3. Cut Losses Quickly
4. Keep emotions out
Good Post!
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