SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?


To: Robert Graham who wrote (2302)1/10/1998 12:30:00 PM
From: dpl  Read Replies (3) | Respond to of 12617
 
>It constantly amazes me how many traders are willing to put their money and profits
at unnecissary risks by not sticking to their system and their plan for the trade.<


Most traders who lose their money do so for two reasons.

1. They don't take the time(and it takes a long time)to develope a "system"

2. As you said they cannot stick to their system.

One might ask why..fear or greed?

Fear would be if someone had a big drawdown and therfore was afraid to continue to follow their rules.I think most fail because of greed.
They do a trade and see it go farther and say "look how much I COULD HAVE made"

Those words COULD HAVE are killers.

David