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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?

To: HeyRainier who wrote (1441)	9/18/1998 12:32:00 PM
From: HeyRainier	Respond to of 1720

[ Today's Lesson: OME ] Stopped out of OME. This is exactly the lesson I was suppose to be learning. "...Trend definitely negative (shouldn't we be learning our lesson?)..." <lol> Oh well. It's part of the game. But everyone, please take note on this occasion how I quickly gave up my recent profits due to: (1) Becoming lax due to recent profits (2) Lacking patience for a more stable price floor, or a more opportune entry point. (3) Not being alert/attentive enough to monitor positions closely (4) Breaking my discipline by not going with the trend. Even LGTO had its short term trend line broken before I operated with a position. Mistakes mistakes, and I just made another one. In my mind, I am thinking, "I must be more disciplined." It's the difference between the successful and the losing trader. Regards, Rainier