http://www.thestockbandit.net/2007/11/13/remember-your-trading-objective/ Trading blog with trading insights, discussion on swing trading, day trading, and trading psychology. Sun, 20 Jul 2008 13:47:45 +0000 http://wordpress.org/?v=2.0.9 http://www.thestockbandit.net/2007/11/13/remember-your-trading-objective/#comment-87882 Tue, 08 Jul 2008 15:41:27 +0000 http://www.thestockbandit.net/2007/11/13/remember-your-trading-objective/#comment-87882 [...] However, if you’re paralyzed by recent trading losses, if you have a distinct market bias which puts you at odds with the existing downtrend, or even if you have personal distractions away from the screens, then there’s nothing to justify being active. If that describes you, then sit on your hands for a little while and wait for the fog to lift. Remember your trading objective, and wait for the right conditions to surface (both externally and internally) before you get active again. You’ll prevent a lot of frustration by doing so. [...] […] However, if you’re paralyzed by recent trading losses, if you have a distinct market bias which puts you at odds with the existing downtrend, or even if you have personal distractions away from the screens, then there’s nothing to justify being active. If that describes you, then sit on your hands for a little while and wait for the fog to lift. Remember your trading objective, and wait for the right conditions to surface (both externally and internally) before you get active again. You’ll prevent a lot of frustration by doing so. […]

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