Wednesday, April 2, 2025

Is it Easier to Stop or Better to Continue?

Is it easier to stop trading once you hit a positive number or continue with another trade / second or even third one henceforth?  (within same round of coz)

The whole issue is underpinned by the fact that the price of a particular instrument or stock can go wherever it wants any second any minute any hour any day. No matter the current trend or how strong the pattern could be. 

So many scenarios. From my personal bad experiences, it is better to stop at 1. 

Or stop at 2 if the first trade is negative and the second covers it up to positive. However, things are not always perfect. 

Is your skill set that great or the market/another stock trade just manage appear for you after the 1st trade. 

Are you patient enough to wait for a new one or should you go to sleep? Because your set up strategy is so awesome. 

Are you tired or sharp enough to wait, avoid and only spot the ones best in shape? 

I guess the questions above are sufficient for thought and the conclusion can be simple and easy, I think. 

Decision-making is tough work. 

Don't be greedy. Don't get too hot. 

Keep the tower safe.