Friday, December 31, 2010

thinking back:

First thing I want to remind myself of is this:

 Many trades I made that I eventually sold went on to become winners.  Many were based on value.  They just took longer.

 Many I bought too early and got trapped too long.  I didn't wait for a clear - 100% clear support line to enter on -- so that the position didn't drop too far. 

 Many the size was too big so the drawdown was too uncomfortable.

 When I look back -- I think I have more of this mistake -- selling too soon.  Always selling too soon.  Especially with winners. 

 My edge requires letting profits run.  Think about that for 2011

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