I’ve had many people ask me, “When should I go ‘big’ on the market, and when should I sit out and wait for things to calm down?”
This is an important concept. Jesse Livermoore, an infamous stock trader, talks about the fact that he made more money sitting than he did actually trading…
I go back to my concept of trading: the act of buying and selling. Jesse Livermore had two different meanings behind his phrase, “I made more money sitting than I did actually trading.”
Waiting for Appropriate Setups
Some are waiting patiently for the appropriate set-ups (for the stocks to reach a certain level), for the chart to set up, for people to change their mind about a company, or for a company to bring a new product to the forefront.
In the Trade
If you’re already in the trade and have a position, you’ll make a lot more money sitting and letting that stock ride…
Let the stock ride as high as it can go until it stops moving. Using technical analysis, you can try to predict or project how high a stock will go – but you can never be sure. Some will go higher and lower than expectations.
When thinking of this concept of “sitting out,” you probably are asking yourself: Should I sit out more often?
#tradingaggressively #tradingstocks #stocktrading #emotionaltrading #tradingpatient #waitingstocks
Posted at: https://tradersfly.com/blog/trade-aggressively-or-sit-out-of-the-market/
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this guy scares me…….dunno why.
Love your purple shirt, and you're handsome also
yes you're saying the same thing that everyone else says wait for the perfect setups but how about you make a video on telling us what the hell the perfect setups look like how the hell are we supposed to know if we're looking at 1 or not you yourself just said usually when your new you catch yourself over trading will it's because we don't know what the heck we're looking at and what's a good setup and what's not
Hi Sasha great Video ive even change my Youtube photo to remind me that sitting on it if your in a trade.Or waiting for a Trade to Come your way.So I took a Photo of my Chair.Im guilty of over trading.Not any more.Cheers
I know this video is old. What is your opinion of the market now ( August 2017 ) It is at an all time high , is it time to get in , stay in or get out ?????
Wow! Thanks for your videos.
I've recently been looking into binary options and I'm trying to spot trends for the short term trades before investing in long term stocks offering dividends, my question is, do you have a video that offers information on spotting trends or mastering stock charts? Or should I just study charts to get better acclimated with certain patterns?
Your doing great things… are you on twitter?
you be talkin that shit man!!! you seem like the most dedicated I've seen on the net so far!!!
I appreciate your time and effort in making these educational videos. I am new at trading and my question is what would you do in this type of market? Since last 2 months,it is like a roller coaster. I feel that some stocks are available at good price but then I am worried that after I will buy them,market will drop. But then I am worried that I may also miss out on good opportunity as stocks are down and if market will decide to go up.
Hi Sasha, great video. Im new to trading, you mentioned that there should be support, foundation or fuel when the price rises. So when looking at a stock, one should study also is fundamentals(fundamental analysis) of that stock?
I like your videos, now can you please post some of your DAY TRADING VIDEOS with screen recorder. I wanted to see how do you trade in the real market with real money? You mention your picks, can you please show us how do you trade live, not with virtual money?
Very true!
nice