Abysmal Courage Strategy - Having the courage to buy a winning stock showing strength on a day when market overall seems abysmal or extremely bleak the pundits are cautious the feeling is dire .
Stock Chosen - PM
This is not a model stock but I bought it more so to be courageous on a red day , I had a rough week and took many losses . By the end of Friday I was mostly out of everything with exception of several stronger names .
I , in the past , would never buy on days like Friday , I would sometimes short and sometimes you just go for a walk after to change my focus ect ect. One thing for sure , buying strength on a day like this is really mentally tough for us and our genes its much easier when your PnL is green and you feel smart.
PM , not only did really well on Friday but it has done really well recently. It is lacking 20% week and exceptional eps/sales , so only 4/6 of my requirements. None the less , it is a strong name on an abysmal day. Since it was such a red day I decided to buy it just for that reason . Its very hard to buy strength on red days like that but I have started to see it as a good habit to increase my muscle memory on. It doesn't have to be regular sized position either I think we can micro size....its the act that matters . I am going to personally keep track of the ACB's on a white board , the idea is to take a gloomy day like Friday and while managing risk and taking losses , still force myself to buy one like PM , or add to one that I already have .
"Courage. 💪The more you DO it, the more you DO it! The most exciting thing about this SUPERPOWER is that you already possess it. 🦸🦸🏽♀️It's available to you NOW. In the very next moment, we can use this mighty force if we merely muster the COURAGE to claim it. Remember: Our DIRECTION is what leads to a DESTINATION; and the COURAGE to TAKE ACTION consistently will move us in the DIRECTION of the FEW who do 🆚 the MANY who talk."
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.