Chasing A Runner Flashcards
Typically it is a stock suggested or recommended or alerted by _________ ____.
Typically it is a stock suggested or recommended or alerted by somebody else.
You see a stock running and you get an ____________ _________ and you physically feel ____________ & _____________ __________.
You see a stock running and you get an Adrenaline Rush and you physically feel
energized & bullet proof.
It is a play where you have strong emotions - 2 in particular
- ________ of ___________ _________
- __________
It is a ply where you have strong emotions - 2 in particular
- Fear of Missing Out
2. Greed
You focus on how much money you can make in a short time - you rarely think of your exit point or Stop Loss.
Generally speaking - When you spot the runner - the play has already ran _____- _____% or even up to ___% on the day.
Generally speaking - When you spot the runner - the play has already ran 15-20% or even up to 50% on the day.
This does not stop you from entering the trade.
The trade typically moves in your ______ immediately - but then ___________ and comes back to your_______ point.
The trade typically moves in your favor immediately - but then reverses and comes back to your entry point.
It usually grinds down from there - always teasing you into thinking its going to go again.
You haven’t thought about your ____ _____ _____ because you’re bullet proof and you don’t expect to be ________.
You haven’t thought about your exit stop loss because you’re bullet proof and you don’t expect to be wrong.
The _____ of ________ while its running triggers you and you buy at _______ and expect it to keep running.
The sense of urgency while its running triggers you and you by at Market and expect it to keep running.
You need to catch a macd pullback and ‘Trade from Underneath’
Have to courage to miss a trade and let it go
As the price drops and you are losing _________by the _________, you decide that this play would make a good _______ _______trade instead. It has to come back up, it’ll just take time! So you let it drop and find it’s ________and just sit on it.
As the price drops and you are losing money by the minute, you decide that this play would make a good swing trade instead. It has to come back up, it’ll just take time! So you let it drop and find it’s bottom and just sit on it.
