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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Sully- who wrote (37553)6/6/2001 5:46:28 PM
From: RR  Read Replies (2) of 65232
 
BTW, Tim, my post talked about closing a position mainly but it essentially works the same for entry of course.

In fact, the entry is where I have really gotten burned because of lost opportunity.

Again, greed. Squeezing blood out of a turnip.

My hard headedness.

You know what I mean.

That's why I like to set a reasonable target, something that is acceptable, entry/exit, either one, and then "make it come to me."

Execute the trade per your plan. Staying on target. Discipline to the plan. Adjust the plan as needed. Helps me take the emotions out of it.

RR
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