Giving myself some time to learn some new strategies. Taking a week for my next trade. Going to try to analyze how the stock moves and try to pick my entry point and set my trade up. Going to go based on Earnings. I believe Tim calls this an "Earnings Winner".
I'm in the process of trying to set up other startegies but don't want to trade on them until I get comfortable. I'm going to try to start trading smart. The best that I can. I have more or less been gambling and the only stock I have made money in is a valuation based trade and speculative play. An educated gamble you could say instead of rolling the dice.
I don't want to trade like that anymore. I want to know my position that I want to get in at, I want to know the price target that I want to get out at and I want to know my price target in case the stock doesn't move the way I think it should.
Time to grind and learn.
I respect this mindset a lot. That shift from gambling to actually planning entries and exits is huge. Most traders go through that phase where it feels exciting but chaotic, and then you realize structure is what keeps you in the game long term. Taking a week to just study price action around earnings is smart. Watching how stocks react pre and post report teaches more than jumping in blindly. I’ve noticed it’s similar to reading Libetry Tax reviews https://liberty-tax.pissedconsumer.com/review
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