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Strategies & Market Trends : Trade What You See, Not What You Think -- Ignore unavailable to you. Want to Upgrade?

To: Threei who wrote (133)	10/29/2000 8:02:56 PM
From: irlon	Respond to of 867

I was just thinking aloud. I suppose I know the answer - it is all down to psychology. I know that's the point to enter. I think I know what the stock most probably is likely to do. I just want to see a little confirmation. When I see what I expected I finally enter. Of course, by now I would have been comfortably in the profit already had I entered when I originally thought was the time. Sure enough, as soon as I'm in (or shortly after) it stops moving in the right direction. Even if doesn't actually move against me too much, it starts wobbling around with a possibility to make a move and take me out. Well, I think it's not what I expected, it's not what I'm in here for and sometimes get out myself. Either with a little loss or profit. With my original point of entry I would've stayed to see stock after some consolidation continue in the right direction. Or would've got out with lesser loss. Would be better off in either case. Just an observation...