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To: exdaytrader76 who wrote (917)	8/31/2000 2:38:30 PM
From: Robert Graham	Respond to of 1426

Yes, at times I do have emotions when I trade. And they usually screw me up. And they usually come from not what I am attempting to do, but from thoughts rooted in the past. For instance, I may be thinking about my previous losses without realizing it. Then I find myself "afraid" to let price move against me at all, even a 1/2 of a point. So I am out of the trade, just to find price stop there and put in a stronger move in my direction. Or in the back of my mind I may be thinking about family problems. So I am distracted and lack focus which has its consequence in my trading. Then a realization dawned on me that stirred up the brain cells a bit. I realized that I have seen many potential opportunities that paid off well. I was right their watching the events unfold. Heck, I was even commenting about the likelihood of the possible move in a chat room. Now where was I? Why was I not in those trades? But I have no problem taking marginal trades. Even when in the back of my mind I understand them to be marginal. Then I remembered what that book by Douglas said. People only provide themselves with the success they feel the deserve. This speaks volumes about my past. I have just managed to make a living despite the outrageous opportunities I have had and the skill I had to bring to bear on the opportunity. Instead of succeeding, I would always end up doing something to make the situation much more difficult for myself, and sometimes even throw "wrenches" into the picture. Even when I knew what I should do in the place of familiar behavior, it is as though something would block this out of my mind, neutralize the effect of this awareness so I would not act on it. This is the problem that I must deal with before I can make a successful living at trading. Souds interesting, eh? :-) Bob Graham

To: exdaytrader76 who wrote (917)	8/31/2000 7:59:58 PM
From: Dominick	Read Replies (1) \| Respond to of 1426

Extend your time frame out and trade 100 share lots only. This will force you to find setups that will move or you'll die of boredom. Just compare how you felt the first time you sat in the bull pen making cold calls to smiling and dialing two years later. :) Dominick

To: exdaytrader76 who wrote (917)	9/1/2000 12:11:29 AM
From: Brandon	Read Replies (1) \| Respond to of 1426

I really wish you the best of luck as a trader, we have talked a few times and I get the impression you are a great guy. Keep your head up. One of the most difficult issues for me has always been the money aspect, growing up I lived on potato soup to the extent that I get sick eating a potato now. So money, losing it, is always something that has the potential to freak me out. However to get to the point where you are a trader you really have to loose the money focus. You cant think of money and trade, it doesnt work. This is such a cliche to say, but focus on the process. Focus on your fibs, your breakouts..whatever works for you and you trust. Become and expert in that. The last thing you should worry about as a trader is the money. Think of a top surgeon. He is not there for money, he enjoys the process and because of that he is well paid. Think what would happen to you if you where under the knife with a surgeon and all he could think about was that you are his rent check or whatever..I doubt that would be a good surgeon. Here is a quote. "Your mind is a sacred enclosure into which nothing harmful can enter except by your permission" -Ralf Waldo Emerson Keep your head up and have the courage to keep your dreams big. Brandon