2007-10-24

How To Trade Stocks Without Emotions(18)

Rules and mistakes:


10) There has been times when I knew that such and such thing will happen.

Recent example was QCOM.

It had resistance at 230 then after earning it touched 250.

Clear breakout.

I instinctively knew the stock will go to 300.

But I didn't even think of buying it. The stock hit 300 in a week.

When I know something I should act on it.

When these breakouts happened I felt I should have bought earlier, buying now is useless.

How wrong it is.

When to buy ?

Breakout breakout breakout.


By Jay Deb

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