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Kate,
You are only a loser if you
think you are.
If your market data source or
internet connection are not secure or consistent, you shouldn't be doing
intra-day trades where constant data
feed is your life line. Step back, look for
3-5 day swings which is what
the stock market usually does. Trade smaller
size for bigger profits and you will have less stress, make more, and be
happier.
Regards,
Norman
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
ketayun
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, May 01, 2003 8:13
PM
Subject: Re: [RT] Actually trading the
analysis
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,KateArthur Marcus wrote:
<BLOCKQUOTE cite=""
type="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.To
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