Failing to exit properly

Discussion in 'Trading' started by Jdesey, Jun 24, 2025.

  1. Good Morning deaddog,

    The act of trading is easy.

    It is the mental game and planning game that killing day traders VERY slowly and VERY Painful and Leading ALOT of day traders to the Poor House!!!!!
     
    #21     Jun 25, 2025
  2. taowave

    taowave

    Why am I getting a strong impression that you are a trust funder??


     
    #22     Jun 25, 2025
    SimpleMeLike and zghorner like this.
  3. zghorner

    zghorner

    Last time i was hanging around the forums, you were going to have a $5 mil account banging sexxy red on your yacht in 6 months guaranteed...what do?
     
    #23     Jun 25, 2025
    SimpleMeLike likes this.
  4. Good Evening zghorner,

    Are you asking me to tell you about my personal finances and my personal banking account, very personal information?
     
    #24     Jun 25, 2025
  5. Hello taowave,

    What is a trust funder?
     
    #25     Jun 25, 2025
  6. deaddog

    deaddog

    I guess you'd know.
    Like you said "Only you can help you".
     
    #26     Jun 25, 2025
    SimpleMeLike likes this.
  7. Hello deaddog,

    Yes indeed, I know.
     
    #27     Jun 26, 2025
  8. VicBee

    VicBee

    No, I adjusted based on circumstances (from Singapore market opens at 9:30 pm), and stress management capabilities. Day trading and technical analysis trading were excessively stressful to me.
    With swing trading I can take a step back, pick my entries and exits based on market reaction to events, set timing and exit then monitor for adjustments.

    Latest fail: AMBA, entered on 5/22 at 63 after sudden market drop, set to exit within 10 days at +5%. Impatience set in at that time, until I finally exited on 6/23 @ 51... On 6/24 AMBA spiked to 62. :banghead:

    Latest win: MSTR, entered 6/23 @365 after several days drop. Set exit within 10 days @380. Modified exit @390 based on strong upside. May modify exit @400 in light of strong BTC recovery and MSTR @390 right now. Decision today.
     
    #28     Jun 26, 2025
    VPhantom and TrailerParkTed like this.
  9. VicBee

    VicBee

    Exited at 388, closed at 385.
     
    #29     Jun 26, 2025
    VPhantom likes this.