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Re: Psychology of trading...



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Tom,

But how did you calculate and optimize your stop values ?
And please tell me definition of "stop values"?

Thanks!



At 11:06 14-8-98 -0500, you wrote:
>Bruce,
>
>Here's a suggestion for your consideration. I've just started using it so I
>don't have a sufficient track record yet, but I feel better (i.e., less
>indecisive) about my trading. 
>
>I have my program generate stop values at the end of the day and set them
>at night for the next trading day. This way, the actual trades are
>automatic - the market actually decides for me.
>
>Hope you find this to be of some value.
>
>Tom Strickland
>
>
>At 07:25 PM 8/13/98 -0700, you wrote:
>>Hello,
>>
>>I have a good mechanical system that works well for me.  I have found
>>that one of the most important parts of my trading activity relates to
>>my willingness to pull the trigger when the system generates the
>>signal.  My hesitation results in my profitablity being reduced.  I
>>would be interested in finding out if anyone else has had this problem
>>and if anyone might have a constructive suggestion.
>>
>>Thank you,
>>
>>Bruce Giroux
>>
>>
>