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Strategies & Market Trends : Your Worst Trading Enemy.. You -- Ignore unavailable to you. Want to Upgrade?

To: Ally who wrote (188)	1/28/2001 12:01:08 AM
From: parker_meridian	Read Replies (1) \| Respond to of 223

If there is a holy grail set-up that can consistently lead to more wins than losses, then one's emotions would constantly be positive "More wins then losses" is irrelevant. Many losing traders have more small wins then fewer large losses. Many winning traders have a losing win/loss ratio. The net at the end of a time period is what is important, not win%. If ones "emotions are not postive" due to a losing %, a greater understanding of trading needs to be achieved.

To: Ally who wrote (188)	1/29/2001 11:49:05 AM
From: wallstreeter	Respond to of 223

I think the key here is to set your stop losses and see where the market takes your stop losses out on a high percentage basis as to your profit potential. This is the essence of money management and this should help take out alot of the emotion. There is alot to be said about humility in the formula of making money trading stocks. wall

To: Ally who wrote (188)	2/6/2001 3:13:45 AM
From: shawnwolff	Respond to of 223

To: Ally Re: Holy Grail The big question is: "Are there such things as holy grail set-ups that will consistently lead to more trading wins than losses?" There is no one Holy Grail, there are several. Unfortunately, it is not only the set-up itself that is important, but our reactions to that set-up. And they are unpredictable and often difficult to control. And that is really the point I am trying to make in this thread. So no, I don't think that the set-up is more important than the emotions. - Shawn

To: Ally who wrote (188)	2/6/2001 3:23:18 AM
From: shawnwolff	Respond to of 223

Re: Unpredictable Market and Our Emotions Is the real culprit the unpredictable market rather than a trader's emotions? No, I really do not think so. I see so often people blaming the market for their bad trades or losing streaks. How then, if the market is so unpredictable, do you account for the people who are successfully playing that market? A professional trader can adapt to any market, and take money out of every market. I am not finding the market to be unpredictable. It may be choppy, but it is predictable. What is more important than the market however, are our own reactions to that market. The market doesn't make you emotional, you have the control. Its using that control that is the key. There are several winning systems, and many losers playing those systems. Why is that ? - Shawn