Cutting Losses - Rookie Trading Journal #220407

The elements of good trading are: 1, cutting losses. 2, cutting losses. And 3, cutting losses. If you can follow these three rules, you may have a chance.



What stocks to buy today?  

Nothing

Which stock to sell? ...or stop loss.



See you on the next trading day. 


~ Adrian Lee, The Rookie Trader  

PS: GET Free Unlimited US trades for 1 month when you open a new POEMS account... use my referral link... https://www.poems.com.sg/open-an-account/?referral=x2e34

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PPPS: I would like to thank the following... 


PPPPS: Note to self...
  • Late April to early May - Buy on dip 
  • May - Sell and go away
  • August - Strong month, 
  • September - A Bad month for stocks.
  • November - Reinvest
  • Sell immediately if the price spikes on news.
  • Remove emotion from the equation. 
  • War news. Buy stocks in the oil, gold, and weapon industries. They go up while the rest go down.
  • How to recover from stock market losses? How to recover my money lost? How to win my trading losses back? The best way to recover after losing money in the stock market is to invest again.
  • My Stock Market Up and Down Forecast.
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Find my CapitaLand stocks. Record new stocks properly. Consolidate old stocks. Sell old stocks beyond a certain age. Keep only 20 manageable stocks.
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