Profits, Pitfalls, Patience by Donald W. Pendergast Jr.
ARTICLE SYNOPSIS ...Profits, Pitfalls, Patience by Donald W. Pendergast Jr.
Plan your trade, trade your plan. Here's what can happen when a trader plunges into a position without following a trading blueprint.
God really watches over children and fools, then I must have been among that special group of foolish, childlike traders who were "miraculously" bailed out of trades that tragically went wrong. Here's what happened when a fundamentally sound, long-term position trade gathered steam, peaked, and then crashed before finally recovering, eventually regaining most of the profits, despite taking twice as long a...