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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: westpacific who wrote (19058)10/15/1999 10:37:00 PM
From: amadeus  Read Replies (1) of 108040
 
thanks west.. certainly was an unusual week. I found myself in the position of taking small losses many times this week to prevent large ones. Its been an extraordinary year for me, but this week was less than stellar.. As the market has become continually more volatile, and less predictable, I have found that I need to have the discipline to wait for 'unique' opportunities, instead of simply following my normal trading patterns. Simply buying several stocks with the same judgements I have used all year, without the underlying confidence of any market trend or stability has not been a good habit this week.
Though my losses were quite small, nonetheless, I'm not used to taking losses, and don't like it...So I put this in writing as much a reminder to myself, that until conditions warrant, I will consider waiting for 'unique' trading opportunities my priority, and hope to be disciplined enough to not simply fall back into normal trading patterns out of habit. That being said there were many unique trading opportunities today, many of which I unfortunately missed due to a convergence of isp, computer, etrade problems simultaneously..
shoulda gone golfing!
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