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The argument is not silly. There is/are more than 2 of me. (OK, call the
whitecoats at once!)
There is the "I" that plans the trade.
There is the "I" that executes the trade, the "I" that prevents pulling the
trigger,
the "I" that injects doubts once the trade is on.
There is the "I" that watches the trade go right and forces an early exit
rather than
letting the profits run.
There is the "I" that hits the 'chicken-switch' just before a trade swings
from a slight
drop to a major profitable reversal.
There is more than one "me". Who can monitor or watch over this group and
win out????
-----Original Message-----
From: Peter G <ktata@xxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Thursday, April 01, 1999 2:37 PM
Subject: Re: Trading and losing.
>At 02:15 PM 4/1/99 -0800, Ira wrote:
>>It is funny to listen to this win lose argument.
>
>I've always found that my biggest enemy was always the second-guessing
>"Me." The one that reanalyzed something I'd already taken a position in.
>The one filled with doubt. I will always return a lost wallet with the cash
>intact. That doesn't stop me from taking a profit in futures. And when I
>take a loss, the 'bad' losses are usually because of my own lack of
>discipline ( as opposed to a 'good' loss, where you stuck to your guns, but
>you got stopped out.)
>
>PG
>
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