Forum: Psychology and Money Management
September 22nd, 2010, 09:47 AM
|
|
Replies: 40
Views: 12,179
|
|
Forum: Psychology and Money Management
September 22nd, 2010, 09:25 AM
|
|
Replies: 40
Views: 12,179
gary,
you're absolutely right. I focus on...
gary,
you're absolutely right. I focus on the negative scenario. negative scenario for me = preserving capital.
don't get me wrong. if you trade that way and make money, that's great. keep on...
|
|
Forum: Psychology and Money Management
September 22nd, 2010, 09:04 AM
|
|
Replies: 40
Views: 12,179
unfortunately I'm not such a great trader that...
unfortunately I'm not such a great trader that when I enter a trade it doesn't move a few ticks against me. but I'm only risking a certain amount. at this point no one knows if the stop is good or...
|
|
Forum: Psychology and Money Management
September 21st, 2010, 11:55 PM
|
|
Replies: 40
Views: 12,179
one thing I never do is adding to a loosing...
one thing I never do is adding to a loosing position. for me this approach is heading for disaster in day trading. for long term investments (stocks), I sometimes average down.
what I don't mind...
|
