In stock trading I am definitely suspect, in that I tend not to have precision type discipline. I have a good enough psych profile, but I can be hesitant and even forget who I am as a trader.
As DDD was down 6 bucks this morning I actually had an angel and a devil on my shoulders giving their differing views. Luckily, the angel won (“don’t be greedyâ€) and I covered the short immediately for a 10% profit.
I actually caught myself being greedy or thinking that I had what it takes to ride it down further. I don’t, and now I don’t have to worry about the snap back. This message brought to you by the faulty but hopefully always improving trader at biiwii.com.
