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Hi Arthur,
Of course I could put a stop loss and an exit price but there have been days
when the internet connection would cease or data lag or, or...... and severe
losses resulted while I waited for a sound alert, so walking away is not
an option any more.
The fear of losing is always there but I think even worse is equating it
with being a loser:).
However after today's posts from yourself and others, I believe that better
trades are in the making.
Good Trading,
Kate
Arthur Marcus wrote:
<blockquote type="cite"
cite="">
Hi Kate, you say that you would enter on your first signal. Does
your system give you a protective stop once you enter. If it does, then
why not hold your position until price hits your target or until it hits
your stop. Is there a reason for going flat other than fear? Has something
changed in your analysis to make you go flat? Or, if your system doesn't
provide a stop, maybe you might work on that end of it. Since we all deal
with the fear of losing, I've found that most of the time, the best thing
to do is put in your protective stop and your target price and walk away
from the screen. Good Trading.
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