Greed is one of the reasons why 97% of traders FAIL
When stocks hit your target level, you book your profits and move on to the next trade setup.
I had only 3 trades so far this year (AAPL , GOOG & C). All 3 trades worked well, but Citi was the only runner that PAID(runner +50% Jan 40 calls, from posted entry on twitter)
Now, PATIENCE remains the key. Everyone wants the next trade, so bad. You need to stay disciplined and remain patient for the next trade setup(I gave you some this week, in CWUS).
Nobody bats .999, but if you wait patiently for the next calculated setup with defined risk, you will have the odds on your side. Also, if you are a day trader ,you DONT have to trade everyday. Take time to study charts and educate yourself on how you can improve on your trading plan. Lastly, always try to learn from you mistakes. As one great mind once said, the definition of insanity is doing the same thing over and over again and expecting a different result. Only you can prevent from going insane.
Patience and discipline pays, and GREED KILLS