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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: BANCHEE who wrote (4717)	1/16/1999 10:01:00 AM
From: melinda abplanalp	Read Replies (1) \| Respond to of 56535

Banchee , log book: That is exactly what I do. I write down why I bought the stock and not just the profit/loss. I was having a good day followed by a bad day....over and over again. I wanted to figure out why. Listing my motivation for the buy was helpful. I found I sold usually out of fear. I bought many times out of greed. I would follow up a well thought out rational trade with a greedy momentum chasing I don't know what this is but it's hot trade. I almost always lost on those trades. I am doing much better now that I use the log. Still love this thread but am too busy to post during business travel. Melinda