I’ll Just Jump In Here For A Quick Profit

I love momentum in trading. My entire trading strategy is based on momentum.

So whenever I see a stock trending really well, I will always think to myself “I’ll just jump in and out here for a quick profit!” even though the setup is not the exact setup that I am supposed to trade.

This is especially so when I’ve just had some losing trades and am desperate for some quick profits to feel good about myself.

One word of advice: Don’t. Just don’t.

More often than not, it doesn’t end well for me.

So just don’t do it.