1B - If the stock jumps 8% out of nowhere most people would chase it. Me: I would relax, breathe.
Verdict: Wait for pullback.
2C - I finally buy & the next day it drops 6%. Most people would panic sell. Me: Discounts already? Buy.
Verdict: Add more lower my cost.
3C - Suddenly I am up 20% & it still looks strong. Most people would take profit. Me: Why interrupt a good thing. Trend is my friend. Verdict: Hold & Smile.
4B - Major bullish news everywhere: Most people would buy & scream to the moon! Me: Let me verify the source first. Could be real or rumour.
Verdict: watch price action.
5C -Earnings tomorrow. I am slightly up. Most people would say too risky. Me: Risky? Opportunity in disguise.
Verdict: Add. Earnings is the catalyst.
6B - 3 losing trades in a row. Most people would revenge trade. Me: No, time out. Review what went wrong.
Verdict: Pause, reflect & reset.
I am a contrarian with conviction & patience.
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- TCTΒ·01-243c is the best1Report