Comments on: Timeless Trading Wisdom – How To Correct Common Trading Mistakes

By: Are You In Control Or Is Your Stock Position Controlling You?

Are You In Control Or Is Your Stock Position Controlling You? — Fri, 02 Jul 2010 00:55:12 +0000

[...] How to correct trading mistakes [...]

By: What This Trading Journey Is All About

What This Trading Journey Is All About — Wed, 31 Mar 2010 01:51:11 +0000

[...] So whenever a trade doesn’t work keep in mind the outcome of one single trade doesn’t really matter. What it all comes down to is to repeat the process over and over again. In the long run doing research on a regular basis and getting exposure to opportunities is the only way to be successful in the markets. [...]

By: Scott Plous ‘The Psychology Of Judgment And Decision Making’ – Investment Traps: ‘Sunk Cost Effect’

Sat, 27 Mar 2010 23:53:11 +0000

[...] Successful traders do not think that way. They see a losing position for what it is. It is just a losing trade and they need to move on and avoid getting exposure to all the risks associated with sunk costs. Kill your losers, no hard feelings. [...]

By: Stock Personality

Stock Personality — Sun, 24 Jan 2010 13:05:09 +0000

[...] I can’t exactly explain why that is. The good news is that I don’t need to. In order to trade successfully you need to stay balanced and you can’t allow to be emotionally attached to stocks. Trading [...]