Dramatic and emotional trading experiences tend to be negative. Pride is a great banana peel, as are hope, fear, and greed. My biggest slip-ups occurred shortly after I got emotionally involved with positions.
Ed SeykotaIn order of importance to me are: 1) the long term trend, 2) the current chart pattern, and 3)picking a good spot to buy or sell.
Ed SeykotaWin or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.
Ed Seykota