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Two things define you:
Your patience when you have nothing and your attitude when you have everything.
Trading is not about riding out losses.. its about managing trades within psychological comfort.
Ability to ride out losses is nothing to be proud of.. its only a recipe for disaster.."eventually".
Know thyself.. focus and execute the plan.. most traders problem isn't the lack of market understanding..
Its a lack of SELF understanding.
|Forum||Symbol||Message Preview / Subject||Date (ET)|
|Wall Street Pit||JCP||Not many sellers,,, need a good red day to confirm eom||03/05/2014 16:56|
|American Railcar Ind...||ARII||Looks interesting but Im just gonna watch,,,,maybe 80,,,,Re: Got stopped out ...||03/05/2014 12:40|
|Wall Street Pit||Waiting to short soon.....Re: Buy undervalued companies today.....Market in E...||03/05/2014 10:03|
|Wall Street Pit||SPY||Waiting 1880_1885 prolly next week load puts....apr_may eom||03/04/2014 20:10|
|Wall Street Pit||JCP||8 may act as support now eom||03/04/2014 10:09|
|Wall Street Pit||JCP||All out 100pct....Re: Took Apr $7 calls .81c...Over 8 will be like rocket in ...||03/04/2014 09:38|
|J.C. Penney Company||JCP||Or tomorrow ,,,Re: Took Apr $7 calls .81c...Over 8 will be like rocket in 1 _...||03/04/2014 06:43|
|S&P 500 Index - "Spi...||SPY||Algos know your thoughts,,,Re: Sold all....Re: Taking mar 22 puts this is nut...||03/04/2014 06:38|
|Wall Street Pit||JCP||8.50 in pre holy cow,,,gonna sell 8.75-9.00,,,got to,,,,,Re: Still at least 1...||03/04/2014 06:37|
|Wall Street Pit||JCP||Still at least 1/3rd float short,,,,may have sell tomorrow wait for pullback ...||03/03/2014 20:22|
|... See More (1 PC) ...|
|Symbol||Status||Type||Buy Price||Buy Time||Sell Price||Sell Time||Target Price||Target Time|
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