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Old 05-05-2008, 12:53 AM
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Re: Seven Habits of Ineffective Traders

Good point Torero...

I have a hard time with this issue and I find that scaling out helps tremendously. By taking off a part of my position early I can satisfy that need for instant gratification but still have a position in place for the bigger move. Helps for me even if it isn't "optimal"...I may miss some profits by not having a full on position the entire trade, but my mind is at ease which has value as well.

FWIW

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