Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: - who wrote (511)	6/12/1999 3:39:00 PM
From: Robert O	Respond to of 18137

Thanks for the input...if I hadn't lost 5k getting puts on AMZN in my learning' stage buying options I'd bust a move right over to their site a pick it up. Think I'll try Barnes & Noble out of spite. Thx for feedback and suggestion. Your 'Darkside' post was well done. RO

To: - who wrote (511)	6/15/1999 3:43:00 PM
From: Robert O	Read Replies (1) \| Respond to of 18137

Just FYI www.optonsnerd.com does not seem to be a valid URL. Hey I was wondering if you or others on the thread who have made what look to be very good selections of books worth reading if they could lead me to a good reference on the following topic: The sort of 'hindsight' effect whereby traders are forever seeing trades they have made (and especially NOT made) in the most unfavorable light to their decision making abilities. This in turn creates a feeling of needing to trade again to make up for the 'error' of ones ways. But excepting all but the most perfectly timed trade (aka the 'dream trade') the trader is forever kicking him/herself. I fall into this all the time even when just monitoring possible plays and always focusing on the big plays I've missed but dismissing the bad trade I didn't enter as not nearly significant. Even in pure gambling scenarios, no matter if it's a win or lose, the win could've (should have!) been bigger and the lose smaller in hindsight. I guess I'm looking for the best book on the psychology of trading/gambling ever written. RO