PM - LONG - "Abysmal courage buy "
Abysmal Courage Strategy - Having the courage to buy a winning stock showing strength on a day when market overall seems abysmal or extremely bleak the pundits are cautious the feeling is dire .
Stock Chosen - PM
This is not a model stock but I bought it more so to be courageous on a red day , I had a rough week and took many losses . By the end of Friday I was mostly out of everything with exception of several stronger names .
I , in the past , would never buy on days like Friday , I would sometimes short and sometimes you just go for a walk after to change my focus ect ect. One thing for sure , buying strength on a day like this is really mentally tough for us and our genes its much easier when your PnL is green and you feel smart.
PM , not only did really well on Friday but it has done really well recently. It is lacking 20% week and exceptional eps/sales , so only 4/6 of my requirements. None the less , it is a strong name on an abysmal day. Since it was such a red day I decided to buy it just for that reason . Its very hard to buy strength on red days like that but I have started to see it as a good habit to increase my muscle memory on. It doesn't have to be regular sized position either I think we can micro size....its the act that matters . I am going to personally keep track of the ACB's on a white board , the idea is to take a gloomy day like Friday and while managing risk and taking losses , still force myself to buy one like PM , or add to one that I already have .
"Courage. 💪The more you DO it, the more you DO it!
The most exciting thing about this SUPERPOWER is that you already possess it. 🦸🦸🏽♀️It's available to you NOW. In the very next moment, we can use this mighty force if we merely muster the COURAGE to claim it.
Remember: Our DIRECTION is what leads to a DESTINATION; and the COURAGE to TAKE ACTION consistently will move us in the DIRECTION of the FEW who do 🆚 the MANY who talk."
Tony Robbins~
Stock Chosen - PM
This is not a model stock but I bought it more so to be courageous on a red day , I had a rough week and took many losses . By the end of Friday I was mostly out of everything with exception of several stronger names .
I , in the past , would never buy on days like Friday , I would sometimes short and sometimes you just go for a walk after to change my focus ect ect. One thing for sure , buying strength on a day like this is really mentally tough for us and our genes its much easier when your PnL is green and you feel smart.
PM , not only did really well on Friday but it has done really well recently. It is lacking 20% week and exceptional eps/sales , so only 4/6 of my requirements. None the less , it is a strong name on an abysmal day. Since it was such a red day I decided to buy it just for that reason . Its very hard to buy strength on red days like that but I have started to see it as a good habit to increase my muscle memory on. It doesn't have to be regular sized position either I think we can micro size....its the act that matters . I am going to personally keep track of the ACB's on a white board , the idea is to take a gloomy day like Friday and while managing risk and taking losses , still force myself to buy one like PM , or add to one that I already have .
"Courage. 💪The more you DO it, the more you DO it!
The most exciting thing about this SUPERPOWER is that you already possess it. 🦸🦸🏽♀️It's available to you NOW. In the very next moment, we can use this mighty force if we merely muster the COURAGE to claim it.
Remember: Our DIRECTION is what leads to a DESTINATION; and the COURAGE to TAKE ACTION consistently will move us in the DIRECTION of the FEW who do 🆚 the MANY who talk."
Tony Robbins~
艾力克~
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
艾力克~
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.