DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Eric P who wrote (4497)	9/29/1999 9:01:00 PM
From: Dave O.	Read Replies (1) of 18137

< you are trading on your terms, and you are in control. For me, it helps reduce the emotional aspects and stress of trading. > This is so true. I think once a stock has peaked and starts to decline, even if just a bit, that many traders start to think of the "lost" profit by not selling at the top. And often emotions and/or greed can creep in where a trader says "I'll wait for it to hit "x" again (the high they missed out on). And often, it never moves back up to that old high. Then one finds themselves chasing the bid down, maybe getting declined by a MM, or seeing it drop another level and getting frustrated before finally being able to sell. Dave

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