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Strategies & Market Trends : Technical Analysis - Beginners

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To: Jeff Haferman who wrote (10811)11/30/1999 4:49:00 PM
From: Richard Estes  Read Replies (1) of 12039
 
We are human, emotions never leave the picture. We can only seek to reduce their effects. Don't ever dwell on missed profits, as long as you were following a pre-determined system or plan. No one gets in at the low and out on the high. No system produces only winners.

One caution is that many wins are a function of the stock selected rather than the system. That is why system tests are important, would the same settings give simliar results for other stocks?

If you want to look back at decisions, look at losses rather than wins.
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