Comments on: Overcoming Trading Disasters http://www.thestockbandit.net/2007/11/12/overcoming-trading-disasters/ Trading blog for day trading, swing trading, and trading psychology Mon, 15 Mar 2010 12:20:46 +0000 http://wordpress.org/?v=2.7 hourly 1 By: More on Recovering from Trading Losses | TheStockBandit.net http://www.thestockbandit.net/2007/11/12/overcoming-trading-disasters/comment-page-1/#comment-144730 More on Recovering from Trading Losses | TheStockBandit.net Mon, 17 Aug 2009 11:44:30 +0000 http://www.thestockbandit.net/2007/11/12/overcoming-trading-disasters/#comment-144730 [...] proven to work for you over time, but rather that you install some safety rails for yourself before the damage becomes far more difficult to [...] [...] proven to work for you over time, but rather that you install some safety rails for yourself before the damage becomes far more difficult to [...]

]]> By: World Series Series, Part 2 - Have a Backup | TheStockBandit.net http://www.thestockbandit.net/2007/11/12/overcoming-trading-disasters/comment-page-1/#comment-112780 World Series Series, Part 2 - Have a Backup | TheStockBandit.net Fri, 24 Oct 2008 01:46:17 +0000 http://www.thestockbandit.net/2007/11/12/overcoming-trading-disasters/#comment-112780 [...] There’s nothing like being able to limit your losses, so make every effort to do so. Determine where you need to be out of a position, and stick with it. But don’t be afraid to have a disaster plan in place just in case. If your position gaps through your stop, what will you do? [...] [...] There’s nothing like being able to limit your losses, so make every effort to do so. Determine where you need to be out of a position, and stick with it. But don’t be afraid to have a disaster plan in place just in case. If your position gaps through your stop, what will you do? [...]

]]> By: marketpsych http://www.thestockbandit.net/2007/11/12/overcoming-trading-disasters/comment-page-1/#comment-43285 marketpsych Wed, 16 Jan 2008 01:25:38 +0000 http://www.thestockbandit.net/2007/11/12/overcoming-trading-disasters/#comment-43285 I like this post. In particular, 'Avoiding Temptation' and 'Soaking it In' are both rock solid advice and savvy real-world applications of what to do when confronted by our inbuilt hueristics of psychology in trading. Cheers, Irrational Minds I like this post. In particular, ‘Avoiding Temptation’ and ‘Soaking it In’ are both rock solid advice and savvy real-world applications of what to do when confronted by our inbuilt hueristics of psychology in trading.

Cheers,
Irrational Minds

]]> By: wipedout http://www.thestockbandit.net/2007/11/12/overcoming-trading-disasters/comment-page-1/#comment-35280 wipedout Thu, 15 Nov 2007 03:04:53 +0000 http://www.thestockbandit.net/2007/11/12/overcoming-trading-disasters/#comment-35280 I like this article. I recently went through a blow-out experience which I would call the Blackstone-Crox effect since those two stocks wiped out my days of profits ($90,000) due to wrong position sizing and no stop loss. I have little equity left and am aiming to recover in the next 4 years. I like this article. I recently went through a blow-out experience which I would call the Blackstone-Crox effect since those two stocks wiped out my days of profits ($90,000) due to wrong position sizing and no stop loss.
I have little equity left and am aiming to recover in the next 4 years.

]]> By: links for 2007-11-14 : Trader Eyal http://www.thestockbandit.net/2007/11/12/overcoming-trading-disasters/comment-page-1/#comment-35220 links for 2007-11-14 : Trader Eyal Wed, 14 Nov 2007 14:22:31 +0000 http://www.thestockbandit.net/2007/11/12/overcoming-trading-disasters/#comment-35220 [...] Overcoming Trading Disasters | TheStockBandit.net every style offers the opportunity for the occasional blow-up to occur. handling trading disasters. via tradermike (tags: Trading Disasters Problems) [...] [...] Overcoming Trading Disasters | TheStockBandit.net every style offers the opportunity for the occasional blow-up to occur. handling trading disasters. via tradermike (tags: Trading Disasters Problems) [...]

]]> By: MarketBeat Blog - WSJ.com : Blog Roll -- Inflation, Zimbabwean Style http://www.thestockbandit.net/2007/11/12/overcoming-trading-disasters/comment-page-1/#comment-35039 MarketBeat Blog - WSJ.com : Blog Roll -- Inflation, Zimbabwean Style Tue, 13 Nov 2007 20:39:33 +0000 http://www.thestockbandit.net/2007/11/12/overcoming-trading-disasters/#comment-35039 [...] Today is indeed a good day, but the market has been full of bad ones lately. Jeff White of TheStockBandit.net says it’s important not to make bad days worse. “Whether you get kicked in the teeth by a morning gap against your overnight position or you’ve simply hit your daily limit on losses, it can be a very tall order to make it back quickly,” he writes. “Many a trader can relate stories of attempting a comeback from a trade gone bad only to dig deeper into their hole, ultimately finding themselves down farther than they were when their bad day began.” [...] [...] Today is indeed a good day, but the market has been full of bad ones lately. Jeff White of TheStockBandit.net says it’s important not to make bad days worse. “Whether you get kicked in the teeth by a morning gap against your overnight position or you’ve simply hit your daily limit on losses, it can be a very tall order to make it back quickly,” he writes. “Many a trader can relate stories of attempting a comeback from a trade gone bad only to dig deeper into their hole, ultimately finding themselves down farther than they were when their bad day began.” [...]

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