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 Psychology
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: the Chief who wrote (69)12/3/2000 4:00:26 PM
From: dpl   of 104
 
This is what I do.

First I try to think in terms of points instead of money.I do this by looking at what my account did once a month even though I trade almost every day.

I never put on a trade unless I know exactly what I will do under any condition.There should be nothing your position can do without you knowing in advance what you are going to do about it.

I try to make trading as mechanical as possible.Use your software to help.For instance do you need to watch if a position is going against you or can you set an alert to go off.I was surprised how little I needed to stare at the screen.

Just a few things

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News