zero, I need to answer. Can you take a lose? Yes, I have done it several time when I make a premature entry and quickly execute a stop loss and buy again at cheaper price. Good example was the last dividend run I exit at May 8th at $69.60 and tried to re-enter a trade on May 20th at $67.90 and exit 2 days later in May 22nd at $67.58 ( a loss of .32 cents) when the market turn against me.The short term loss will be offset by buying lower than the exit price and recover that loss plus and gain above the previous stop loss. In the period of 12 month and you have one bad entry with a 3 good entry will make still ahead of your trading return.
It does get to me waiting for the paint to dry and the next correction. It is worrisome with so many penny annie days going nowhere. They say the market as a whole up 85% and RDS is minus, but no one stands alone and if the market corrects big time RDS will follow, so much for technicals and making money.
Thanks for knowing the charts and reading them for all to benefit in the decision of buying and selling.
My 25 or so years of trading has been good overall but the tech and computer age has left me behind and I need all the help marfl works hard to give us. Thanks and best to all.
YOU GO RAY, I have been watching and trading for 24 years. Some times I have to hold a few shares a little
longer than I wanted but doing very well. I am holding off on buying I think we will have a chance to buy a few
dollars cheaper. good luck to all.