Comments on: The Importance of Losing Small http://www.thestockbandit.net/2009/04/07/the-importance-of-losing-small/ Trading blog for day trading, swing trading, and trading psychology Tue, 07 Feb 2012 17:25:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: TheStockBandit http://www.thestockbandit.net/2009/04/07/the-importance-of-losing-small/comment-page-1/#comment-138906 TheStockBandit Thu, 30 Apr 2009 03:58:43 +0000 http://www.thestockbandit.net/?p=413#comment-138906 MM- Thanks for your nice comments, I do appreciate them! And you're right, the T.A. phase is definitely one which every trader needs to go through. That alone would help most struggling traders right there. I haven't seen that book but will check it out, thanks for the reco! Jeff MM-
Thanks for your nice comments, I do appreciate them! And you’re right, the T.A. phase is definitely one which every trader needs to go through. That alone would help most struggling traders right there.
I haven’t seen that book but will check it out, thanks for the reco!

Jeff

]]> By: Market Monkey http://www.thestockbandit.net/2009/04/07/the-importance-of-losing-small/comment-page-1/#comment-138865 Market Monkey Wed, 29 Apr 2009 13:39:07 +0000 http://www.thestockbandit.net/?p=413#comment-138865 Excellent interview Jeff :) The focus you place in the interview is where, IMO, every trader's focus eventually needs to lie after they've gone through the technical analysis phase. MM PS your above comment on ego reminded of the book "Egonomics" by David Marcum & Steven Smith...I'd highly recommend it. Not intended for a trading audience but very applicable all the same. Excellent interview Jeff :) The focus you place in the interview is where, IMO, every trader’s focus eventually needs to lie after they’ve gone through the technical analysis phase.

MM

PS your above comment on ego reminded of the book “Egonomics” by David Marcum & Steven Smith…I’d highly recommend it. Not intended for a trading audience but very applicable all the same.

]]> By: TheStockBandit http://www.thestockbandit.net/2009/04/07/the-importance-of-losing-small/comment-page-1/#comment-136357 TheStockBandit Sat, 11 Apr 2009 18:20:51 +0000 http://www.thestockbandit.net/?p=413#comment-136357 Good point newbie, I think having that discipline and also being willing to set the ego aside while in the midst of trading is what enables us to see our mistakes. Those who allow the ego to run rampant are "above" making mistakes, and that's when the market can dish out some painful lessons. Thanks for your comments! Jeff Good point newbie, I think having that discipline and also being willing to set the ego aside while in the midst of trading is what enables us to see our mistakes. Those who allow the ego to run rampant are “above” making mistakes, and that’s when the market can dish out some painful lessons. Thanks for your comments!

Jeff

]]> By: newbie http://www.thestockbandit.net/2009/04/07/the-importance-of-losing-small/comment-page-1/#comment-136352 newbie Sat, 11 Apr 2009 17:45:28 +0000 http://www.thestockbandit.net/?p=413#comment-136352 I think all great traders share this discipline. Read what Soros says about his talents and he puts the ability to spot his mistakes quickly as the main reason for his success. You are in good company then Jeff!!! I think all great traders share this discipline. Read what Soros says about his talents and he puts the ability to spot his mistakes quickly as the main reason for his success.
You are in good company then Jeff!!!

]]> By: TheStockBandit http://www.thestockbandit.net/2009/04/07/the-importance-of-losing-small/comment-page-1/#comment-136266 TheStockBandit Sat, 11 Apr 2009 05:04:25 +0000 http://www.thestockbandit.net/?p=413#comment-136266 Hey smtrader, That's the way to do it...automatic follow-up with the safety net! Thank you for stopping by, Jeff Hey smtrader,

That’s the way to do it…automatic follow-up with the safety net! Thank you for stopping by,

Jeff

]]> By: TheStockBandit http://www.thestockbandit.net/2009/04/07/the-importance-of-losing-small/comment-page-1/#comment-136265 TheStockBandit Sat, 11 Apr 2009 05:03:48 +0000 http://www.thestockbandit.net/?p=413#comment-136265 Hey sot, Doesn't have to happen very often either, losing big is one of those things that will stay with you for a while. And gambling is what Vegas is for, I don't want to do that with my trading account! I appreciate your comment, see you back here soon. Jeff Hey sot,

Doesn’t have to happen very often either, losing big is one of those things that will stay with you for a while. And gambling is what Vegas is for, I don’t want to do that with my trading account! I appreciate your comment, see you back here soon.

Jeff

]]> By: TheStockBandit http://www.thestockbandit.net/2009/04/07/the-importance-of-losing-small/comment-page-1/#comment-136263 TheStockBandit Sat, 11 Apr 2009 04:53:46 +0000 http://www.thestockbandit.net/?p=413#comment-136263 You said it right Mark, frequent reminders are needed. I do it as much for myself as for others! Jeff You said it right Mark, frequent reminders are needed. I do it as much for myself as for others!

Jeff

]]> By: smtrader http://www.thestockbandit.net/2009/04/07/the-importance-of-losing-small/comment-page-1/#comment-136219 smtrader Fri, 10 Apr 2009 23:21:14 +0000 http://www.thestockbandit.net/?p=413#comment-136219 excellent reminder. as soon as my order get filled, my stop goes in. excellent reminder. as soon as my order get filled, my stop goes in.

]]> By: sot http://www.thestockbandit.net/2009/04/07/the-importance-of-losing-small/comment-page-1/#comment-135932 sot Wed, 08 Apr 2009 19:53:31 +0000 http://www.thestockbandit.net/?p=413#comment-135932 Spot on post...every now and then traders break this rule and lose big...without risk management one is pretty much gambling... Goal is to cut your losers fast and let your winners run... Spot on post…every now and then traders break this rule and lose big…without risk management one is pretty much gambling…

Goal is to cut your losers fast and let your winners run…

]]> By: Mark Wolfinger http://www.thestockbandit.net/2009/04/07/the-importance-of-losing-small/comment-page-1/#comment-135926 Mark Wolfinger Wed, 08 Apr 2009 19:05:35 +0000 http://www.thestockbandit.net/?p=413#comment-135926 Good post. It's sad but true that investors must be reminded of this often. Good post. It’s sad but true that investors must be reminded of this often.

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