Decided to dip my toes in this market and make a daytrade in VDSI. It made a nice little move after I entered the trade. I then moved my stop to b/e and got stopped out. I should have taken my own advice and taken some profits before moving my stop.
My trades are day and swing trades, lasting from a minute to a few weeks. I try to take advantage of bursts of momentum in stocks that I’m watching. I try to take profits quickly, rather than give them all back. I believe this style of trading fits my personality. I look to take longer-term positions in favorable market conditions.
By the way, I’m a part-time trader with a full-time job.
No comments:
Post a Comment