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π Get FREE updates! Join our telegram: https://t.me/sttlive
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β οΈ (**Results not typical or guaranteed. Past performance is not indicative of future returns and financial investing is inherently risky.)
#shorts #tradingpsychology #tradingtips
One of the biggest, easiest ways to stay calm, cool and collected while you're in a trade is really to have a hard stop. The longer that you are staring at your trade, waiting for something to happen, the more likely you are to get stressed and worried. So I'm going to show you Cfrx here. as an example.
Cfrx is one of today's hottest runners. In fact, it is today's top percent. Gainer If you had bought in here let's say two dollars and fifty cents this morning. Our low is at 220.
you hold all the way up to 360 and then it came all the way back down. However, it never quite stopped you out but it would be making it would be making me very nervous if I was in the trade looking at it. However, if I had to stop I would no longer need to be worried and I'm just sitting in there waiting for my price targets to hit.
why shouldn't I sell at 3.5?