A mentor told me to stop trading on emotion after I blew $600 in 20 minutes last Thursday
I was up like $400 on a small cap stock I'd been watching for weeks. Then it dipped and I panicked, sold everything. Watched it bounce right back 30 minutes later. My buddy who's been doing this for like 15 years said 'you're reacting to the chart instead of reading it.' He told me to build a simple checklist before any trade - check volume, check moving average, check news. First thing I changed was I set price alerts on my phone so I don't sit there watching every tick. Has anyone else found a specific habit that stopped them from making dumb impulse trades?