Thread by @team3dstocks

That's why i cant stand the "long as u close green, it's fine" mentality. It's the WORST advice ever. Every account has a MINIMUM amount of $ that u must make per trade. It's pure math. Ur avg win doesnt have to be massive, but it MUST be big enough to cover fees & future losses.

So there is no such thing as "green is good" or "a win is a win". That mentality will make u take profits WAY too fast each time u're green, even when there's still room until ur target. Green is only good if that green is big enough relative to ur win rate, & risk/reward (TE)

As long as the stock still has room to move, and ur target is reasonable (not a greedy target), LET the trade play out. Worst that can happen is the stock reverses & u get stopped out. whoo-pde-fucking-doo. Cry me a river. welcome to trading, where shit happens from time to time.

Trust me, it doesnt matter how long u trade, u'll never get used to the shitty feeling of seeing ur stock go from in the money to reversing & stopping u out. But its part of the game. WAIT for ur target. Take partials once it hits. Use a trailing stop from there

#BearTipOfTheDay