4 YEAR DAY TRADING LESSON... "OVEREXTENDED" FORGET IT!
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It only took me 4 years to finally realize that the term "OVEREXTENDED" shouldn't exist in my vocabulary as a DayTrader. For far too long I took these OverSold or Overbought moves thinking I was able to time the reversal and in the end I was just throwing darts at a dart board hoping to hit. Hoping to hit isn't a strategy and trading with hope will only lead to one thing... Losing all your money DayTrading.
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