My positions have been correct a good amount of the time recently. I’ve made decent money on them, BUT my problem is im getting out too early and missing out on much more potential profit.
Specifically, I’m exiting based on fear of other technical factors such as support, superstock moving average, short squeeze, etc. After studying the charts, had I just waited for an opposing no volume test to pass before exiting instead of doing so on a whim, I would have stood to made thousands more dollars.
Bottom line is, I’m trading on emotion instead of based on volume and price. Stop that!