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I do have one rule which helps ... I have a rather tight daily loss budget
... once I've used it, that's it for the day even if the next trade looks
fantastic. This at least forces me to pick and choose my trades carefully
enough to avoid having to pass on really good setups ... wouldn't do for a
system trader but my trading is discretionary.
Earl
----- Original Message -----
From: "Don Thompson" <detomps@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, May 22, 2001 12:44 PM
Subject: Re: [RT] May 9 Results repetitive mistakes.
> Earl I find the same thing, I think I have made the same mistake maybe a
4o
> or 50 times.
> It is really hard to avoid, you have to have a rule or something to
replace
> it. I find that
> I am being impulsive. and impatient.
>
> don
>
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