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Old 03-01-2011, 11:20 PM   #25

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Quote:
Originally Posted by legout »
I believe this to be a successful key to trading. fpinero has mastered one, maybe two setups, and sticks to it. If you trade futures, especially short timeframes, it's really easy to get 'sucked in' and start impulse trading. Of course you will be right sometimes, and that's what makes it even more dangerous!

legout
And it's just as dangerous when you lose and convince yourself to chase the upturn. That's why behavioral finance has gained so much attention lately.
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