Deere has given another buy signal not long after stopping me out… Slightly irritating because I don’t like losing but I couldn’t help laughing. So am I going to buy again? YES, why shouldn’t I??? Because I was unlucky? No, I’m not even going there! Just because I lost I don’t hate Deere for that, I don’t think lady luck has punished me; If I’ve lost on a trade someone else has won and that’s how it is. I wasn’t unlucky and the winner wasn’t lucky, its just I speculated wrong and the winner right.
So often people treat trading like its a living thing… like the markets have feelings and emotions, ideas and agendas to try and trick and deceive you. If you think like that then you have a gambling mentality that you need to get rid of pronto. Get real and think like a trader and leave the gambler behind.
I haven’t opened the trade yet as there’s no rush and I thought I may as well wait a few days for the price to start moving a bit more positively and then jump on. Once it gets trending again it may well go on to reach the $100 I initially thought it was going to.