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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: HandsOn who wrote (64030)	10/4/1999 8:43:00 PM
From: Paul A	Read Replies (1) \| Respond to of 90042

Thanks for the confidence man.. its been a struggle but its sooo hard not to take it personally when a stock burns you.. I went short a stock today, put the stop in and disappeared for 5 minutes.. now of course, being monday and all the stop hits.. but If you look at the chart- there was a mini squeeze that went RIGHT up to my stop, took me out, and went right back to where it traded 5 minutes before.. but hey, thats the game we choose to play right? but its taken me so long to get past emotions, so I promised myself once I have learned to cut the emotions and make everything a caluculated risk rather than gamble ill get back in full time.. Although I might just as well be full time since starting at 9:30 there is rarely a minute that goes by without me having access to a ticker.. Although I calmed down a bit from the days where I would take the quotrek into the rest room with me (no joking in case you dont remember!) I swear tho.. 80% of this game, if not more is about money management.. I read it over and over in each book and always ignored it.. instead spending hours on top of hours trying to figure out ta/fa, what who when etc etc.. If I could go back 5 years and take one piece of advice it would be learn to manage each risk.. the surest thing can go bad in a heartbeat.. errr except CS