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

To: Trader J who wrote (10912)	3/10/1999 10:13:00 AM
From: MMK	Respond to of 56537

Trade: in INSP at 64 5/8. Should have been in lower but I didn't listen to that inner voice that was screaming "WAIT!". Dropped to under 64. This is also one that 2 weeks ago I thought I should buy to hold...up about 15 points since then.... My 2 most common mistakes are 1) not listening to my inner voice and keeping patient and letting them come to me. 2) not getting out quickly from falling trades. I have a hard time fighting my mental stops. Discipline has always failed me ;) holding PRGY from yesterday's day trade gone bad holding WCAP from yesterday's day trade gone bad I see a pattern here...hmmmmm MMK