which one is harder to do psychologically? Can we do a poll?

Discussions about personal psychology for the individual trader.
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PTCM
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which one is harder to do psychologically? Can we do a poll?

Post by PTCM » Wed Feb 02, 2005 5:34 am

which one is harder to do psychologically intrday ?


1) Fighting retracements with a profitable position

2) Taking a re-entry point after the market has started trending


Can we do a poll ? many thanks...

PTCM
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Post by PTCM » Thu Feb 03, 2005 1:12 am

To me, this is my observation

1) Fighting retracements with a profitable position


I believe it takes al least 50 - 100 learning trails to develope the ability to hold a profitable position against countless retracements before capturing a big trend.

Psychologically, taking profits prematurely remove fear, especially for those who trade very very big. The simple trick is to turn it around and start collecting profits......

Could some guys with military background do better and quicker because of their real-time combat experience ?

Anyone went to Vietnam and now trader here on this forum ?

Please share......

Vinny
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Post by Vinny » Wed Aug 24, 2005 12:52 pm

Who is fighting and what specifically is being fought?

e.g.
_________Fighting __________ retracements with a profitable position

Trader, subconscious during
Client, trader during
Subconscious, trader during
accountant, margin calls when there are

Ben
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Post by Ben » Thu Aug 25, 2005 7:45 am

If you want to run a poll, I believe you may do so via a new topic but not with an established one.

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