Psychology ~ Not all scratches are created equal.

When I enter a trade, psychologically that money is gone.When I started and did not know what the hell I was doing, I would take some heat, the trade would get to my price, I would exit (because I feared losing and was happy to scratch). The market would go my direction and I was pissed because I “should have” made money. Being extremely uncomfortable while in a trade is a bad thing.

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Posted on September 18, 2010, in Psychology, Trader and tagged . Bookmark the permalink. Leave a comment.

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