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Nice posting Peter and yes API is the one that got away for me too. I sold way back when the market was on the cliff edge and could have gone either way. I didn't follow my plan and let price action take me out rather i tried to predict the market direction... And was wrong!


Luckily, I saw many stocks setting up with my entry criterial and was back in the market to enjoy the up-move. API I didn't re-enter but that was due to me maxing my capital out on other opportunities.


My re-entry rule is simple, if it meets my entry criteria it is a new trade regardless of whether I have a past experience with the stock. I hold no grudge if it has burnt me in the past, I just follow my trading plan and enter when it says enter. It's taken time to get to this but removing any emotion is they key. The market nor the stock knows me and neither move exclusively based on my ideas... Don't hold a grudge is probably the best rule to consider for a re-entry... Every trade is different and can have a different outcome even if it is a stock you have gone to dinner with before only to have it run out through the kitchen leaving you with your jaw on the ground..


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