The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Junkyardawg who wrote (13136)	2/13/1999 4:52:00 PM
From: Paul A	Read Replies (1) of 90042

aha! thats so funny, when he mention that I thought wow! thats amazing- and saw you post the same thoughts.. I just noticed in my profile I have the comments 'if you know how to cut your losses youll never loss on wallstreet'.. talk about a hypocrite!!! That was the worse part about my crash on Monday.. I have spent so much time trying to figure out this game, have come so damn far, and a simple emotion that I cant get rid of continues to haunt me. Its unfortunate because daytrading has amazing potential, but I simply must admitt now that I cannot fight the Italian blood and to be honest I dont want to change my personality to accomodate my job.. After 2 years of knocking it, I will be returning to position trading. I miss the research, the speculation, but most of all I realize that when your trying to make all your decisions, every day, based on what will happen in the next 30 seconds- will MASH finally get the hell off the ask with that b.s. 200 share block? will people start selling? is it time to buy yet?? its not for me.. I will still be doing my bottom feeds a few times a week but only because thats a whole different game emotionally.. Positions I never have a problem cutting losses.. When I daytade, I get too caught up in the speed the decisions need to be made in and no matter how hard I try, I find myself always looking to take a gamble.. When you spread the thinking over 2-30 days things are a bit more clear. Now more than ever I respect day traders.. I simply must admitt I cant do it. emotionally cannot do it. Not such a bad thing to have to admitt I guess, but admitting its the hard part.. ops- FNHC is just a trade that went well from Friday.. No way/shape/form is that one a position.. Im just risking profits not yet realized on that little monster..

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