It has been a slow and frustrating 2014....
I was short Twitter, it rose, hit my adjusted stoploss, and fell back again.... I should have been in profits...
I was short Symantec and i took profit 2 days before the price crashed 10%...
I was short Krispy Kreme and the price rose to hit my stop loss, which I forgot to raise.... I managed to put back my postion but it had gapped down.
I was short STI, it fell back slightly, and now rose back up to way above my short price and its 200-d MA (a bullish sign)... I think this one will reverse to upside soon.. I will be adding more positions on its way up and then, when it corrects (inevitably), I will get out...
Moral of story: Need to hold on to my convictions. If I think a stock is going to fall, do not adjust stop loss nor take profit too early. Always check that I have entered buy/sell prices correctly. And, always have guts to put in more positions even as stock prices going against me.
I am usually right in the stock market, just need to hold my nerves.
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