No trading today !
Not making any trades today, I want to do more research before buying. I am having trouble with momentum trading or don't want to focus mainly on that since it burns alot of energy and cash. I want to find stocks on a solid uptrend and other stocks with huge upside potential, also I want to short some stocks.
My main concern is to make more profits by making high percentage gain trades and not burning too much cash with the failed trades. My timing is off and let alot of the profits go away. When the trade is for short term momentum I should close it quickly to get the most of the gains.
Then I need to find stocks that would go up alot in a longer time frame. I would hold it longer and close it if it donsn't go the way I want it to.
I will continue to learn and improve my skills.
My main concern is to make more profits by making high percentage gain trades and not burning too much cash with the failed trades. My timing is off and let alot of the profits go away. When the trade is for short term momentum I should close it quickly to get the most of the gains.
Then I need to find stocks that would go up alot in a longer time frame. I would hold it longer and close it if it donsn't go the way I want it to.
I will continue to learn and improve my skills.
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