@CTUCyberGroup Lesson: Yesterday’s Gold becomes Today’s Garbage #CTU #Aftermarket
Today in the CyberGroup Live Trading Room we had many winning trades. $ISR $HIMX $KERX and $CSIQ just to name a few. Alarmingly, I received an abundance of emails throughout the day of traders; part of the CyberGroup and some not, experiencing losing days. After answering back only a few, it seemed clear the reason behind this was they were trying to trade yesterday’s huge winner $PLUG $FCEL and $BLDP.
Too many times I talk to traders and they get burnt trying to trade yesterday’s gold mines. This even happens on the opposite side of the spectrum where we lose money on a stock and feel for some reason we need to make it back with that same exact one. It seems this is something ingrained in our human nature. Just because yesterday’s stock was a winner, doesn’t mean that today it’s going to be the same. The CyberGroup traders could easily tell you this, a huge amount of the time we make money on a stock one day, it won’t even be on our watch list the next. Don’t get yourself caught up in this, everyday new stocks present new opportunities. Let yesterday go and focus on what’s going to make today just as profitable.