Personal Note on Trading

Are you Buying?

• Buy stocks on their way up.
• Buy stocks moving from a strong base formation. That way if wrong the worst case scenario is the stock moves back into the base.
• Has a stock held above its recent low when the market has not? If so, that stock is much healthier than the market. how stocks hold up on down days shows a lot

Are you Adding?

• Do Not Add on a Losing Position

Are you Chasing?

• Chasing a stock brings emotions into play & emotions cloud judgement. Avoid this scenario, stay calm and everything appears so much clearer.
• With emotions comes clouded judgement and confirmation bias.

If Things Go BAD:

• Treat as number NOT the dollar value