Sunday, April 24, 2016

Knowing YOU are the pitcher in the ball game of day trading


We wouldn t embark on our day trading journey if we thought we were going to lose money.  I think only the most masochistic of gamblers gets into day trading specifically to blow money.  Yet, after only a bit of experience, virtually any trader realizes losing money can happen even when that is the last thing on their mind. So today, I want to focus on the day trading version of a classic baseball pitching saying (since we are about to start the MLB season!) don t give up the big inning.  In baseball, the pitcher has a unique position in that every ball on the defensive side goes through his hands on the way to whatever the result may be.  He has the game in his hands and his supporting cast of defensive players can only watch and react to what happens after the ball leaves his hands.  I would like to make the analogy that YOU are the pitcher in the ballgame of day trading.  In baseball, a pitcher can lose composure or get tired and pitches that were hard to hit before now sail
https://www.indicatorwarehouse.com/knowing-when-to-say-when-in-day-trading/

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