Comments on: Prevent Poundings http://www.thestockbandit.net/2008/09/30/prevent-poundings/ Trading blog for day trading, swing trading, and trading psychology Thu, 18 Mar 2010 01:01:26 +0000 http://wordpress.org/?v=2.7 hourly 1 By: TheStockBandit http://www.thestockbandit.net/2008/09/30/prevent-poundings/comment-page-1/#comment-107087 TheStockBandit Wed, 01 Oct 2008 18:02:59 +0000 http://www.thestockbandit.net/2008/09/30/prevent-poundings/#comment-107087 TSD, that's a good observation and reminder to "sell down to the sleeping point" as Edwin Lefevre stated in his book <em>Reminiscences of a Stock Operator.</em> Thanks for your comment, Jeff TSD, that’s a good observation and reminder to “sell down to the sleeping point” as Edwin Lefevre stated in his book Reminiscences of a Stock Operator.

Thanks for your comment,

Jeff

]]> By: Trading System Development http://www.thestockbandit.net/2008/09/30/prevent-poundings/comment-page-1/#comment-107007 Trading System Development Wed, 01 Oct 2008 03:49:30 +0000 http://www.thestockbandit.net/2008/09/30/prevent-poundings/#comment-107007 This recent sell off highlighted to me how far I have come in understanding my limitations. Even when being long (and will remain so), the sell off after the failure of the passage of the bill in the senate did not put me in a position where I still coudln't sleep. This is my barometer. If I can not sleep at night, I am risking too much. This recent sell off highlighted to me how far I have come in understanding my limitations. Even when being long (and will remain so), the sell off after the failure of the passage of the bill in the senate did not put me in a position where I still coudln’t sleep.

This is my barometer. If I can not sleep at night, I am risking too much.

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