Hello I am new and I

Discussion in 'Ask any question!' started by kristinj, Oct 11, 2018.

  1. kristinj

    kristinj New Member

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    bought ILMN then sold it, then bought it again.

    Was that stupid? Im thinking it was since I lost $4.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    Every trade you enter you should have a plan upon entering. What price are you trying to buy it at? What price is your target price and by when? If it goes down, at what price will you sell it?

    It's only stupid if you go into a trade without a plan. It's also only stupid if you ignore your plan. Not every trade will be a winner, sticking to your trading plan is your best bet in the long run though.
     

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