http://www.thestockbandit.net/2008/06/26/more-on-trading-disasters/ Trading blog with trading insights, discussion on swing trading, day trading, and trading psychology. Fri, 21 Nov 2008 06:32:31 +0000 http://wordpress.org/?v=2.6.3 http://www.thestockbandit.net/2008/06/26/more-on-trading-disasters/#comment-106965 Prevent Poundings | TheStockBandit.net Tue, 30 Sep 2008 15:24:11 +0000 http://www.thestockbandit.net/2008/06/26/more-on-trading-disasters/#comment-106965 [...] Similarly, as a trader you must be willing to seek shelter when storms come along, whether it’s a slow grind downward or a massive selloff like we witnessed on Monday. During these times, your account might take a hit, but any effort to preserve capital during such times will enable you to at some point resume your activities as a trader. (And that’s not something to be taken lightly, because I know of numerous others who wish they were able to do just that). Once the clouds begin to break up, then you can seek out those profits once again and begin to rebuild your confidence. [...] [...] Similarly, as a trader you must be willing to seek shelter when storms come along, whether it’s a slow grind downward or a massive selloff like we witnessed on Monday. During these times, your account might take a hit, but any effort to preserve capital during such times will enable you to at some point resume your activities as a trader. (And that’s not something to be taken lightly, because I know of numerous others who wish they were able to do just that). Once the clouds begin to break up, then you can seek out those profits once again and begin to rebuild your confidence. [...]

]]> http://www.thestockbandit.net/2008/06/26/more-on-trading-disasters/#comment-94921 Discipline is a Habit | TheStockBandit.net Wed, 30 Jul 2008 12:47:33 +0000 http://www.thestockbandit.net/2008/06/26/more-on-trading-disasters/#comment-94921 [...] That word, habit, has several connotations. There are good habits, such as trading responsibly or brushing your teeth before bedtime . And there are also bad habits, like losing control of your trading or biting your nails. So while “good” and “bad” might be relative phrases, it’s important to note that both of them are cultivated over time to become second-nature. [...] [...] That word, habit, has several connotations. There are good habits, such as trading responsibly or brushing your teeth before bedtime . And there are also bad habits, like losing control of your trading or biting your nails. So while “good” and “bad” might be relative phrases, it’s important to note that both of them are cultivated over time to become second-nature. [...]

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