Wednesday, February 10, 2010

Trading Mistakes in Passing on Entry and Scalping the Scraps February 5, 2010


Hesitation is a trading problem and I sure missed a good setup this morning. Then I also passed on the additional setups. Then after the party, I was so distressed, that I regressed to an additional, old common error and settled for low quality scalping and lost.

This lesson is totally psychological; Has nothing to do with technical trading. It is still worthy of posting because after a year and a half of this and hearing other traders' issues, I know I am not alone in this behavior that I need to change. - nqtraderjay

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