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Strategies & Market Trends : Technical Analysis - Beginners

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To: Jeff Haferman who wrote (10811)12/4/1999 9:56:00 PM
From: bdog   of 12039
 
Jeff, "I thought TA was supposed to take the emotion out of trading? :)"

ya, even when you have an exit pre-planned, (which I recommend) emotion can loosen the screws on that stop loss...

for me, taking profits is easier than letting them run or taking a loss...

looking at downside risk vs upside target prior to entry helps me evaluate whether to take on the trade and also formulate a plan and stick to it...

the less concrete the plan the more prone I am to emotional trading

bdog
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