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Strategies & Market Trends : Your Worst Trading Enemy.. You

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To: shawnwolff who wrote (133)1/20/2001 12:35:46 PM
From: RobQ  Read Replies (2) of 223
 
Shawn, Thanks for ending that discussion with Dr.no . I appreciate your being her in your spare time and would like to keep the discussion in the vein of trading Psychology.

Steve, I too sell part of my positions for a profit when I suspect a downturn. "Hedging my bets" against being wrong and "keeping the company on my radar" are my inner reasons for doing so. I think it's psychologically sound to limit the regret factor in case we're wrong. Strong regret can affect us too strongly in our next trading decision. Make sense? -Rob
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