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    Archive for: March 7, 2007

    07
    Mar
    2007

    I should have …

    Filed under: Trading Psychology

    tradingThe following are some of the common ” I should have … ” syndrome.

    I should have gone short when I wanted to. My analysis was correct that the market was topping.

    I should have gone long when I wanted to. My analysis was correct that the market was bottoming.

    I should have used a stop loss …

    I should have added few more contracts to my position …

    I should have done what my charts indicated …

    I should have listened to the rumors …

    I should have gone golfing …

    Be honest to yourself and admit if any of these in their stated form or in other variations happened to you before …

    Hindsight is easy , correct ?

    Trading is a psychological game. After all the research and back testing is done , and , after all the trading systems have had their turn at bat and after all the market experts have given their forecasts , the fact remains that what traders actually do in comparison to what they should do are two very different things.

    Many traders are overloaded with …