Confessions of A Sucky Investor Message Board

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Pastimes : Confessions of A Sucky Investor

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To: Shake-Man who wrote ()	2/15/1999 10:05:00 PM
From: bob wallace	of 15

Mark Douglas says in "The Disciplined Trader" something to the effect that whether or not you feel you deserve to make money is significantly more important than whatever trading system you use. What you do when you don't feel you deserve the money is highly personal - it has taken me many $1000's of dollars to really admit to myself that most of my trading was impulsive gunning from the hip rather then systematic trading even now - with a clear focus on avoiding impulsive self destructive trades (you know like "yhoo's-going-up-NOW!") - I mange to "overlook" certain key details of prospective trades until I am well committed. I don't know if it is the same for anyone else, but for me, really coming to grips with the true nature of my trading is the only thing that has kept me from having to give up the game

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