RE: Tree Shake19 Aug 2025 11:46
My message was not just idle boasting, there are ( at least, but here are 3 ) lessons to learn from it. If you are a beginner, this may be vital new info, if you are a gnarly old pro, then you will be nodding in agreement.
1) Have an exit strategy - quantity and price. Even if you have impulsively bought , you should have time to then analyse and consider when to complete the trade. This allows you to avoid the panic or random selling, or selling because you need the money, which is an amateur's flaw. I decided on 9.8p as my exit, and how many to sell to recoup my investment, and now I am on a free ride, with zero stress. Anyone who thinks that's not a good idea, please tell me why.
2) " Bulls get clawed, bears get gored, but Piggies get slaughtered. " A fine saying. I stuck with my plan, didn't get greedy to go for that 12p top, as some have chided me for, and am happy with my trade. Anyone think my trade was not a successful one, again please tell me why not ? Hanging on for trading the top will leave you frustrated, if that is your standard measure of success. You can rarely be the one who rings the bell. Regretting the last 20% is a fool's game. This ties in with point 1.
3) Don't pretend you are a BSD ( Big Swinging D*ck ) pro trader. Unless you have DMA ( Direct Market Access ) to trade in real time, with no fees, you are at a 'uuge disadvantage to the pros and their algos, and should not set your bar that high. If you capture 60% of each trade, and get 60% of your trades right, you are gonna make out like a bandit. You don't need to risk so much, so leave the first and last 20% for the insiders and pros, and just pay attention, follow your own rules to the letter, never stop thinking and learning because the market never stops, and have fun. ( And after all of that, celebrate a job well-done on the Bulletin Board; you deserve it )