SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : DAYTRADING Fundamentals

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: OZ who wrote (7195)3/10/2000 8:51:00 PM
From: Dave O.  Read Replies (1) of 18137
 
< graduated to 1000 share lots and still do not know if I will be able to handle the emotions involved >

It certainly does make the stomach churn a bit more with more money on the table. I recall starting out doing 100 shares also and had no trouble. But my first few 1000 share trades that went against me were tough to handle. And more than once I bailed when the pain got to be too much. Over the past few years I've learned to allow a trade to go against me a bit more as my capital increased (I'm not a pure daytrader, 65% swing trades and 35% day trades). But handling the emotions is probably the biggest, and most important aspect of trading, at least for me.

Dave
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext