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Excellent response.
Another idea: You learn to pull the trigger without hesitation by doing it
a lot. Set aside some money to cover potential losses and say: this is
what I am going to pay (or what I may have to pay) to learn how to pull
the trigger without hesitation. Then set up a very short-term signal and
force yourself to trade five or ten times a day. Obviously you should not
risk much on each trade, but just do this over and over for a week or two.
Chances are you will not end up a loser but the point is not to make money
in this exercise but to learn the executional skill of pulling the
trigger, and eliminate hesitation is taking signals. This works.
Best regards,
Ted
At 06:38 PM 2/11/98 -0800, you wrote:
>You are risking too much relative to your confidence level. Would you have
trouble pulling the trigger if you were only risking $10?
>
>-----Original Message-----
>From: rayc@xxxxxxxx [SMTP:rayc@xxxxxxxx]
>Sent: Tuesday, February 10, 1998 9:58 AM
>To: SPDT@xxxxxxxxxxxxxxx
>Subject: pulling the trigger
>
>Hello all,
>
>I am having trouble pulling the trigger. Any suggestions?
>
>Thanks
>Ray
>
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