Don't trade one trade at a time. Trade your plan. Look at it as a group of trades. That's what expectancy is for, not probability.
Let me think over your questions a bit. I mean I haven't thought of them a whole lot, but I think you got something here though. I gotta go too. andy
I've neglected some of the most important things. I haven't put much thought into what my edge may be. I do have an idea, and I thought that's good enough and pressed on. I will put more effort in answering your questions while developing my system. I'll ask myself how I can trade these rules under different situations. I think one of my edges are being open-minded. I'm at an arrogant age, but I try and listen to others... especially those with more knowledge and experience. So please continue on with the lessons. I do have a question about money. There was a bit of a disagreement of the attachment of money with trading. Could this be an idiosyncracy? Or is it everything? thanks, Andy
Please continue posting on the psychology of trading. This thread has been split out from the Van Tharp questions thread in the Resources forum.