Traders Laboratory - View Single Post - Lessons For 2006
View Single Post
  #16 (permalink)  
Old 12-17-2006, 03:46 AM
torero's Avatar
torero torero is offline
torero has no status.

Trader Specs
 
Join Date: Oct 2006
Location: SPAIN
Posts: 1,329
Thanks: 43
Thanked 43 Times in 29 Posts
Re: Lessons For 2006

I still trade with emotions but I keep them in check constantly with self-talk and stay focused on charts and price action. It was the biggest hurdle but it's working. I try not to let the emotion to blind me from my objectives. Stops do a big part of that job, once it's set, the battle is half-done. Targets are a bit trickier because it depends on the price action as it develops.

__________________
"It's against human nature to succeed in the markets"-- Newbie Trader Lounge

Last edited by torero; 12-17-2006 at 03:49 AM.
Reply With Quote