Thursday, January 6, 2011


fear is a nemesis.

I make the right trade...  but taking profits too early is a big drag on performance.  Patience with winners is critical.

Yesterday the market started weak but immediately turned very bullish.  No reason to sell when risk is properly managed.  Sometimes there will be a drawdown.  If it's managed, it's managed.  Trust your research and yourself a little more in 2011.  The market speaks in price action and volume.  Listen to the markets, not your feelings.

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