TSBTV#45 - Anxious Mistakes
Posted on: April 2, 2009
Although it’s much more fun to talk about great trades, the fact of the matter is that we typically learn more from the bad ones. That’s largely because so much of trading is avoiding certain pitfalls.
So here in Episode 45, it’s time for a *reality check* as I review a pair of mistakes I made early in today’s trading session which cost me not only money but also opportunity. I’ll explain in the video.
(Be sure to click the full-screen option for best viewing.)
Hope you enjoy the show! Thanks for watching and subscribing, and feel free to post your ideas and comments down below.
Trade like a Bandit!
Jeff White
President, TheStockBandit, Inc.
www.TheStockBandit.com (Premium service)
www.TheStockBandit.net (Trading Blog)
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April 2nd, 2009 at 9:33 pm
Thanks for sharing that experience that was an enlightening video.
April 3rd, 2009 at 10:36 am
Thanks for the comment Naif, glad to see you’ve stopped by!
Never fun to analyze losing trades but that IS the way to learn.
Jeff
April 4th, 2009 at 9:11 am
I feel your pain. Patience, something I work on everyday. The most valuable part of your video is the advice to “walk away” from the PC. Go bang your head on a wall or go for a walk. Then sit down and focus. Thanks for the vid.
April 4th, 2009 at 12:41 pm
AB,
Yeah patience is one of those things that is easy to understand but not so easy to put into practice. It is a habit though, so it’s something that does require our consistent work (as you noted). Thank you for the comment and thanks for stopping by!
Jeff