LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: AlienTech who wrote (10833)	3/22/1999 12:01:00 AM
From: Thomas Sterner	Read Replies (2) of 43080

Alien As for your 50% gains turning into 50% losses, I am convinced, from reading all your posts for the past couple of years, that you are fully capable of turning those losses back into gains. I also believe that each of us would rarely lose on trades if we stuck to our intellectual approaches to trading. Unfortunately, all of us sometimes get emotional and that is what screws us up. As hard as it is to do, when I screw up, I analyze what I did wrong but, otherwise, I look forward instead of backward. If I lose confidence, I paper trade for a week or two without doing any real trading. Also, I paper trade stocks even when I am trading other stocks. I don't know if any of this helps or not, but am confident that you'll recover from this. At any rate, keep posting. Your thoughts are valuable to all of us. Tom

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