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markdonrob
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Connecting Emotional State and State of Mind in Trading
markdonrob replied to Rande Howell's topic in Psychology
This has truth in every aspect... but if it is in ones methodoly/strategy to wait for the better (lower in this case) price .. wouldnt that also constitute being a disciplined trader sticking to his rules, accepting this trade didnt meet his criteria, and look/wait for another trade....??? isnt not losing just as important as winning to protect your account balance It's okay to accept losses if strategy is followed, but to lose when not following strategy may send conflicting emotions after....causing dought/fear in ones mind Could this just be an indication his/her strategy needs to be revisited/modified, and not his mental state??? My 0.02c Mark Roberts -
I say ... to make a wrong decision is better than no decision ... at least its not another TARP move which had no effect on the stated goals .... now we gonna watch as the "powers" in Washington stall all hope with the useless gridlock in the name of the people .... and the preachers of doom and gloom / fear mount their soapboxes again... we watch and see....
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Introduce Yourself Here - Don't Be Shy!!
markdonrob replied to trading4life's topic in Beginners Forum
Hello all... Must say look forward to learning, and honing my mind and technique .....