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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Zincman who wrote (40572)1/30/2013 10:17:08 AM
From: cmg3 Recommendations  Read Replies (1) | Respond to of 48092
 
emotion is the silent killer in the markets..............thats why having a "plan" when purchasing a position has helped me. I have little sticky notes on my monitor of my positions. Having them there reminds of the unemotional plan I had when I bought or went short. It's improved my performance. It has helped with "capital preservation". Sometimes i've been whipped but mostly the quick exit is better. I've lost 12% in the miners over the last 2 months. Could have been 25% or more. When the trend changes I'll go back in . Been trading the oils again, they seem to be working for me.

Rim conference gotta go.....cmg