Thanks for this! Helpful to see myself in between bad trader and good trader. Although I admit bad trades but do not completely erase them from my mind. I don’t even learn from my mistake! I repeat those mistakes over and over. Probably more than 75% time I do this kind of mistake what I did yesterday. When V was close to its daily high in the morning I bought the call and later the price came down quite a bit. I would have made quite a gain in my calls if I had bought this when it was near its daily lows. I always think when the price is going higher that I’m missing a good opportunity if i don’t buy. However, most of the time I noticed that I would have bought the same stock on the same day at a lower price. Not sure how to avoid doing this mistake over and over.
Thanks for this! Helpful to see myself in between bad trader and good trader. Although I admit bad trades but do not completely erase them from my mind. I don’t even learn from my mistake! I repeat those mistakes over and over. Probably more than 75% time I do this kind of mistake what I did yesterday. When V was close to its daily high in the morning I bought the call and later the price came down quite a bit. I would have made quite a gain in my calls if I had bought this when it was near its daily lows. I always think when the price is going higher that I’m missing a good opportunity if i don’t buy. However, most of the time I noticed that I would have bought the same stock on the same day at a lower price. Not sure how to avoid doing this mistake over and over.