Ask DrBob Message Board - Msg: 14261642

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Strategies & Market Trends : Ask DrBob

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To: FLACK who wrote (1171)	8/23/2000 12:32:45 PM
From: manfmnantucket	Read Replies (1) of 100058

flack I get your point - a point's a point. I kept waiting for one of those days when everythign was RED and the trend was pretty strong - and it sure seemed like that this AM! So I kept telling myself to just remain confident in the trend, and expecting it to turn back down at any moment in spite of all my indicators shouting the opposite! So I continue to know what my consistent mistakes are - shorting uptrends that I anticipate will roll but don't, and failng to keep stops tight and automatic. Yet it's extrememly difficult to develop the discipline to correct these, even once I KNOW what the problems are, and even given some tools for automating these decisions. HOw on earth did you eve do it?? BTW SCMR gaining a bit of down momentum as it breask 160 here. Am slightly ahead. setting stop to guarantee I at least cover commission!

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