http://www.thestockbandit.net/2007/03/08/trading-predictions-vs-anticipations/ Trading blog with trading insights, discussion on swing trading, day trading, and trading psychology. Wed, 20 Aug 2008 15:11:53 +0000 http://wordpress.org/?v=2.0.9 http://www.thestockbandit.net/2007/03/08/trading-predictions-vs-anticipations/#comment-18437 Thu, 26 Jul 2007 15:59:15 +0000 http://www.thestockbandit.net/2007/03/08/trading-predictions-vs-anticipations/#comment-18437 [...] There are going to be plenty of times when you’ll be unsure of what your next move should be. Good news - that doesn’t at all have to be tied to your profitability! I have felt that way numerous times in the past week, and yet I’ve been able to make several profitable trades and grow my account during that same stretch. Predicting didn’t get me there, discipline did. Good traders know that perfection isn’t required, which means they don’t have to predict with accuracy what may happen next. Instead, it’s about selectivity and offsetting small losses with big winners. [...] […] There are going to be plenty of times when you’ll be unsure of what your next move should be. Good news - that doesn’t at all have to be tied to your profitability! I have felt that way numerous times in the past week, and yet I’ve been able to make several profitable trades and grow my account during that same stretch. Predicting didn’t get me there, discipline did. Good traders know that perfection isn’t required, which means they don’t have to predict with accuracy what may happen next. Instead, it’s about selectivity and offsetting small losses with big winners. […]

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