STSI is stressing me out! Fantastic 200 day MA though. Still on the fence about holding or selling. It almost feels like movers are trying to shake people out, like APAC saw recently. What do you think?
Thanks. Calm words, sound advice. It pulled itself out and left a long tail on the bottom which I always take as a strong sign (same thing you just said.). It's annoying me though. I'm working on shaking the emotions ;) The other positions are doing great!
On occasion, if a position is overly frustrating and isn't working out, is is sometimes better to just get rid of the position, take the loss (hopefully small) and move on. With patience and sound timing, there are always better opportunities out there.
If you haven't bought on Friday, wait for a dip in ADY
ReplyDeleteAdded more to my FIRE position as the stock was able to climb above my original BP.
ReplyDeleteSTSI is stressing me out! Fantastic 200 day MA though. Still on the fence about holding or selling. It almost feels like movers are trying to shake people out, like APAC saw recently. What do you think?
ReplyDelete-Chad.
Chad,
ReplyDeleteDon't stress out. Simple solution: If it closes near its HOD, hold. If it closes near its LOD, sell and move on. Never let a position stress you out.
Thanks. Calm words, sound advice. It pulled itself out and left a long tail on the bottom which I always take as a strong sign (same thing you just said.). It's annoying me though. I'm working on shaking the emotions ;) The other positions are doing great!
ReplyDeleteTake care,
Chad.
Chad,
ReplyDeleteOn occasion, if a position is overly frustrating and isn't working out, is is sometimes better to just get rid of the position, take the loss (hopefully small) and move on. With patience and sound timing, there are always better opportunities out there.