CALDEIRÃO DE BOLSA

Often before a fundamental problem becomes evident, there will be significant change in price behavior.

Replace your opinions with trade signals, your ego with position sizing, and your emotions with a trading plan.

One key level is the 50 day SMA for growth stocks in uptrends. Much of the support for stocks at key moving averages is caused by money managers adding to their long term positions by buying at 50 day SMA pullbacks.

One of the most indecisive moments in trading is when to sell. Sell too soon and you fear losing out on future profits. Sell too late and you regret giving back your profits.

When you evolve to the point of always being patient and only taking quality trades, that means you’ve decided that you’re not in it for action, but to make money. You’re a pro.

You’re almost never going to get the highest price, but it’s not necessary to do so to achieve super performance. Instead of worrying about selling at the high or buying at the low, concern yourself with what trading is about: making a good size profits and repeating it over and over.

Trading is serious business with real money on the line.
Why would you go into it without a well-thought-out plan of action?
Yet, most people do.

It takes a lot of unspectacular low performance days to get to a spectacular high performance year. Most of the time, trading should be boring.

When you sell early into strength, you may miss the occasional blow off, but you will also miss the many drawdowns.

If you are afraid of an overbought condition, you will rarely buy a leading stock from a strong breakout and you will miss many of the best names. There's a difference between extended and overbought.