Forum: Psychology and Money Management
September 23rd, 2009, 06:18 PM
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Replies: 13
Views: 4,229
really like what you wrote here:
"there was...
really like what you wrote here:
"there was a paragraph about how this guy was watching his mentor trade. Day after day, he would watch him trade (ie: sit across the room from him). He could...
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Forum: Psychology and Money Management
September 23rd, 2009, 06:07 PM
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Replies: 13
Views: 4,229
Very nicely written Mike.
Yes, going ahead...
Very nicely written Mike.
Yes, going ahead with your system is very important, but dont traders get tempted in ... "ok, I know I shouldnt, but I'll do it, because ..." - Im sure there's 101...
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Forum: Psychology and Money Management
September 23rd, 2009, 05:52 PM
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Replies: 13
Views: 4,229
But do you not get tempted to get a few more...
But do you not get tempted to get a few more points? if you take the ES today, yes you could of made your target in the morning session, but at the end, you could of made HUGE bucks. So you wouldnt...
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Forum: Psychology and Money Management
September 23rd, 2009, 05:45 PM
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Replies: 13
Views: 4,229
How does one deal with greed?
Hi there
As the questions states, how do you deal with this?
I've been in situations where I'm up $200 or $400, but because of greed, it goes down to $20 or even a minus number :(
So, how...
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