Comments on: Don’t Be a Hero http://www.thestockbandit.net/2008/03/13/dont-be-a-hero/ Trading blog with trading insights, discussion on swing trading, day trading, and trading psychology. Sun, 20 Jul 2008 13:46:15 +0000 http://wordpress.org/?v=2.0.9 by: More on Learning from Trading Disasters | TheStockBandit.net http://www.thestockbandit.net/2008/03/13/dont-be-a-hero/#comment-85238 Thu, 26 Jun 2008 17:23:39 +0000 http://www.thestockbandit.net/2008/03/13/dont-be-a-hero/#comment-85238 [...] As this market corrects, if you aren’t short, then cash is the next-best alternative until the technicals improve. So be very careful out there, don’t be a hero, and make sure you’ve got your game face on before getting active! [...] […] As this market corrects, if you aren’t short, then cash is the next-best alternative until the technicals improve. So be very careful out there, don’t be a hero, and make sure you’ve got your game face on before getting active! […]

]]> by: Patient Progress | TheStockBandit.net http://www.thestockbandit.net/2008/03/13/dont-be-a-hero/#comment-76115 Thu, 22 May 2008 15:09:29 +0000 http://www.thestockbandit.net/2008/03/13/dont-be-a-hero/#comment-76115 [...] Truth be told, you’ll be far better off pulling up a seat beside an experienced trader any day of the week than to hear a story from an overleveraged and overconfident new trader who just made a heroic trade. The experienced trader has been around and seen it all, and often times can spot a move coming from a mile away. Plus they have an uncanny ability to sift through all the noise and get to what really matters - gauging the forces of supply and demand. Stated otherwise, they know how to wait on the market. [...] […] Truth be told, you’ll be far better off pulling up a seat beside an experienced trader any day of the week than to hear a story from an overleveraged and overconfident new trader who just made a heroic trade. The experienced trader has been around and seen it all, and often times can spot a move coming from a mile away. Plus they have an uncanny ability to sift through all the noise and get to what really matters - gauging the forces of supply and demand. Stated otherwise, they know how to wait on the market. […]

]]> by: TheStockBandit http://www.thestockbandit.net/2008/03/13/dont-be-a-hero/#comment-56496 Thu, 20 Mar 2008 12:55:22 +0000 http://www.thestockbandit.net/2008/03/13/dont-be-a-hero/#comment-56496 Hey Bill, Thanks for the comment and glad you enjoy the blog! I think options can offer some nice advantages for certain traders, provided that they stay disciplined and employ strategies which have a defined risk. I won't give my opinion on another blog which I have never read, but there are a number of good resources out there so keep an open mind and do your own research to be sure that what is being discussed is accurate in your own experience. Trade well today and thanks for stopping by! Jeff Hey Bill,

Thanks for the comment and glad you enjoy the blog! I think options can offer some nice advantages for certain traders, provided that they stay disciplined and employ strategies which have a defined risk. I won’t give my opinion on another blog which I have never read, but there are a number of good resources out there so keep an open mind and do your own research to be sure that what is being discussed is accurate in your own experience.

Trade well today and thanks for stopping by!

Jeff

]]> by: BIll http://www.thestockbandit.net/2008/03/13/dont-be-a-hero/#comment-56435 Thu, 20 Mar 2008 05:08:06 +0000 http://www.thestockbandit.net/2008/03/13/dont-be-a-hero/#comment-56435 I love your posts. I read every day. I am studying options. I am curious about your opinion of options and the advantage they provide to the trader. I am very interested in the topic of expectancy and trading with a system proven to provide a positive expectancy. I recently ran across this blog that discusses a positive expectancy option system: (link removed) What is your opinion? I love your posts. I read every day.

I am studying options. I am curious about your opinion of options and the advantage they provide to the trader.

I am very interested in the topic of expectancy and trading with a system proven to provide a positive expectancy.

I recently ran across this blog that discusses a positive expectancy option system: (link removed)

What is your opinion?

]]> by: TheStockBandit http://www.thestockbandit.net/2008/03/13/dont-be-a-hero/#comment-56290 Wed, 19 Mar 2008 20:09:56 +0000 http://www.thestockbandit.net/2008/03/13/dont-be-a-hero/#comment-56290 Hey Ryan, Thanks for your comment. I totally agree that the money is just a part of your method, and it comes with making good decisions which are grounded in your experience and trading style. It's good to see you here and I appreciate the comment! Trade well, Jeff Hey Ryan,

Thanks for your comment. I totally agree that the money is just a part of your method, and it comes with making good decisions which are grounded in your experience and trading style. It’s good to see you here and I appreciate the comment!

Trade well,

Jeff

]]> by: Ryan http://www.thestockbandit.net/2008/03/13/dont-be-a-hero/#comment-56258 Wed, 19 Mar 2008 13:37:02 +0000 http://www.thestockbandit.net/2008/03/13/dont-be-a-hero/#comment-56258 Great article, it’s very true. I believe one of the key components you touched on was not needing to know what’s going to happen next. Trade your system, in the moment and don’t get caught up in the hype. It’s one of the most beneficial ways to control your emotions. I always remember money is just a by product of trading my system correct with proper risk control and money management. Thanks for the reminder of not trying to be a hero to feed my ego. Thanks again, Ryan <a href="http://www.evolvedtrader.com/" rel="nofollow">www.evolvedtrader.com</a> Great article, it’s very true. I believe one of the key components you touched on was not needing to know what’s going to happen next. Trade your system, in the moment and don’t get caught up in the hype. It’s one of the most beneficial ways to control your emotions. I always remember money is just a by product of trading my system correct with proper risk control and money management. Thanks for the reminder of not trying to be a hero to feed my ego.

Thanks again,
Ryan
www.evolvedtrader.com

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