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Kind of like flying a high-performance aircraft.... hours of boredom
separated by seconds of sheer terror! Ya gotta love it.
Dave
At 11:22 PM 3/14/98 -0800, you wrote:
>Hi Everyone -
>
>
>**** While I'm at it....I've received a number of e-mails requesting info
>on discretionary trading.....Well, let me just say what I've done....and
>what others have told me about their own methods....
<snip>
> What actually
>happens with me personally is that suddenly I start to feel very anxious
>and my heart starts to pound. It's almost as if my subconscious has
>recognized the setup and I then consciously realize that I am about to put
>my ass on the line for a few contracts. I do not use stops- I'm always
>watching when in a trade. This keeps me sharp all the time with no frigg'in
>crutches. My trades last anywhere from 30-90 minutes on average. I give the
>market a lot of room to fluctuate sometimes when I "know" I'm right. (like
>3-4 full points) Other times I'll be out in 60 seconds when I realize the
>setup has failed and I screwed up.
>
<snip>
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