RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Some analysis for the next days/weeks@Red_Deer in Technical Analysis, more time(months,years) have pass and less it will affect the trading. What happens in short term will greatly affect the trading and what happen a few years ago will less affect the trading. A big resistance that is created from last week will be stronger than an old resistance from 2 years ago per se.
As for fear, if investors are brave to buy a pennystock like AAB this means they acknowledge the risk. If they get scared everytime the stock moves a few cents down maybe pennystock is not for them. I often say to people who start trading in stock exchange to put emotion aside, you will loose money if you trade with your emotion ( don't sell on panic, don't buy on love). In 20 years I played stock that were like rollercoaster, fear is not in my vocabulary for stock trading, the day I get fear I will invest in CIG lolll
You need to be discipline. You stick to a plan. If you daytrade and the stock you bought doesn't do want you plan you just sell it and move on the next trade. If you invest for long term and the stock doesn't go as plan, you sell and move on, you don't wait for years to take action!!!!