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Strategies & Market Trends : 1999 Year in Review--Talk about your trades -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (3)	12/26/1999 3:46:00 AM
From: HeyRainier	Read Replies (1) \| Respond to of 7

To illustrate my observation: "...One of the theories I hold is that the average human is hardwired for failure in trading the markets unless he (or she) learns to control his emotions through some form of market discipline. My readings in human behavior in the markets tend to show that traders (1) secure gains quicker out of a great fear of losing a sure win and (2) put off recognizing losses longer due to the psychological pain involved of admitting a mistake, which translates into holding losers longer and cutting winners quicker..." Message 12372607