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

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To: RobQ who wrote (135)1/20/2001 2:19:34 PM
From: Steve Felix  Read Replies (1) of 223
 
RobQ, Makes perfect sense to me.

From the thread header: "And most importantly, what can we do to change these bad
habits and remove emotion from our trading?"

Essentially my MATX trade is over for me as far as decision making goes. I don't have
it on paper, ( I should ) but I doubt I buy a stock back more than 10% of the time.

I think we are looking at two different animals here. Daytrading and short term
trading. I actually like long term the best, but it is up to the stock. Different types
of trading = different mind set.

Your point of regret factor hit me squarely. I have regretted selling both too soon and
too late. Wisdom says don't look back. I have. I have seen where I could have limited
my possible loss and been in on some really nice runs.. When I can take a gain and
maybe ride the wave, I take it.

Which category of trader do you fit in?
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