As a trader who only trades stocks, I'm at 100% cash right now, (11/2/9) and have been since Thursday last week, simply because my positions didn't do what I expected. In general, I'm confident with my methodology so when things don't "feel" right, I get out and wait for an indication and confirmation as to the 'new' high probability direction. As a right brained guy, this to me seems more logical than to hang on to perhaps an indicator that signals over bought/sold with a side of hope. My question then is, what factors in a traders psychological makeup cause him/her to hold on in such unsure conditions? Does it maybe have to do with the fact that money was lost or perhaps ego, or, maybe it's much more deep rooted of a reason such as one's upbringing and the fear of disappointing someone? Don't know... just wondering what et'ers have concluded in the past about this (I'm sure) frequently asked question.