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And it's worse now than in the past with a little thing called Globex <g> I
have to agree with Jim and TJ about daytrading and stress...having a
position trade on overnight with the Globex monitor staring at me would
definitely drive me nuts!!!
When you get right down to it, what I said a year ago is still or more true
today...what I called the Zeroth Law of Trading: model your trading method
or system to your psychology. Trying to day trade if your bent is toward
position trading or vice versa will generally condemn you to failure.
Trading success is predicated on finding your psychological comfort zone
and designing your system / method around it. Either that, or throw your
money at a manager and forget about it.
Tony Haas
Jim wrote:
>Points well taken (by all, in fact). However, personally
>I've found that going home with a position is quite a bit
>more stressful than daytrading......even if the result
>happened to be a net loss. There's peace in knowing that, at
>the end of the day, what's over is =over=.
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