Rules and Greed

What would most likely happen when you disobey your own rules/trading plan and let greed enter your system? See for yourself:

Port April 19, 2018

Yesterday, i stated in my blog that i will just "sit tight" and execute my trading plan without exception. I also said that i won't be buying any $VITA shares above 3.73/sh but guess what i did? I ended up doing this:

$VITA Daily Chart

I guess learning it the hard way makes it hard to forget hahaha. I locked in a whopping gain but got reduced by 15% because of my impulsive greedy buying near at 4.00/sh and 4.20/sh. Lesson Learned. Time to Move on.

$RLT

$RLT Daily Chart

With the PSEi performing 2nd worst globally, it's not much of a surprise that only a few stocks will rally. I find this one interesting since it rallied 8.77% despite the big market fall. Gonna watch this closely in the days to come.

Note To Self: Never let GREED takeover your TRADING PLAN. Avoid Trading during the first 1 hour of the market "DEADLY"