Learning Stock Trading Patience
Knowing when to be patience and not
making a decision with emotion is very important in stock trading. Yesterday,
the stocks ABMD and CHDX were in a worse position. By being patience the stocks
bounced to a more reasonable loss. Instead of making a decision by emotion use technical
analysis (chart patterns and indicators) to make the decision.
Stock Name: ABMD (Abiomed Inc)
Action: Buy
Entry Price: 21.47
Exit Price: 21.44
Result: -0.03
Failed
Stock Name: CHDX (Chindex International Inc)
Action: Buy
Price: 9.20
Exit Price: 9.17
Time I Sold Stock: 7:11am
Result: -0.03
Failed