Spoke to a human broker this afternoon…
December 1st, 2008
I spoke to a human broker this afternoon and it was relieving.
He totally understood my exit errors and said it was a common mistake. He also noted that he was advising a lot of his clients to erase their stop losses and put them closer the the last resistance or support positions as the market is so volatile you can hit a stop loss in a day.
This relieved me a lot to hear as I was exiting on my stop loss all the time and thereby scaring myself out of the markets… seems like I wasn’t so wrong all this time!!
Thanks to Tejay!