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Pastimes : Robin Dayne - Mastering your Emotions
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To: Shoot1st who wrote (56)5/27/1999 1:03:00 PM
From: Herc  Read Replies (1) of 121
 
My technique is evolving, but the core, I think, to successful trading is developing a whole new perspective on losing money. In just about every instance I can recall, in retrospect, it would have been far preferable to get stopped out, take your losses, and then buy back in cheaper. PCNTF recently is a good example.
But it takes more experience than I have in order to do this comfortably. And letting your profits run is still something I haven't mastered.
With $9 commissions, the round turn on a trade is an $18 insurance policy.
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