Excellent Work on SHFL to Most of You , but...
Hi Star traders,
It seemed like a lot of you did very well on SHFL this month. Good work! :)
However, I realised that most of you took profits very prematurely. From what I see so far, non of you took profit on SHFL following any of our rules... Remember one of the Golden Principles? To hold on to your gains and cut your losses early? What you guys are doing is still the opposite... to cut your gains early.
Our stop loss policies are there to help you achieve that principle of holding on to your gains and cutting your losses automatically so that no emotions are involved and if you have followed it closely, you should have no less than 223% profit and advanced strategies students applying the S&P method should have no less than 400% profit.
Please ponder on this for a while.
Jason Ng
Founder, Masters 'O' Equity
www.mastersoequity.com
"Your Personal Stock Option Mentor"
It seemed like a lot of you did very well on SHFL this month. Good work! :)
However, I realised that most of you took profits very prematurely. From what I see so far, non of you took profit on SHFL following any of our rules... Remember one of the Golden Principles? To hold on to your gains and cut your losses early? What you guys are doing is still the opposite... to cut your gains early.
Our stop loss policies are there to help you achieve that principle of holding on to your gains and cutting your losses automatically so that no emotions are involved and if you have followed it closely, you should have no less than 223% profit and advanced strategies students applying the S&P method should have no less than 400% profit.
Please ponder on this for a while.
Jason Ng
Founder, Masters 'O' Equity
www.mastersoequity.com
"Your Personal Stock Option Mentor"
posted by Jason Ng at 5:42 AM
1 Comments:
Hi Jason,
You are absolutely right.
This trade was a good lesson for me.
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