Yes sizing and planning is what a big factor for handling
emotions esp on stocks or positions you want to hold longer - if my
size is too big, I just can't mentally stop myself from exiting on
a nice move too early. One strategy I try to do is buy a
large position so that I can satisfy my drug selling addiction,
then I try to keep a small core; for example if I bought 5000
shares, maybe I end up keeping 500 or 1000. If I bought a normal
sized position it's too easy to just scale out and lose that
position
again trading is what I call a mind fuck - so many emotions and
disciplines and other things to deal with
most of us don't have pointy ears like Spock from
Star Trek we were have mastered our emotions
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Yes sizing and planning is
DigiNomad, I bought $SPX Jul 21 4400/4425 Bear CS on ...
Posted by matt on 17th of May 2023 at 03:57 pm
Yes sizing and planning is what a big factor for handling emotions esp on stocks or positions you want to hold longer - if my size is too big, I just can't mentally stop myself from exiting on a nice move too early. One strategy I try to do is buy a large position so that I can satisfy my drug selling addiction, then I try to keep a small core; for example if I bought 5000 shares, maybe I end up keeping 500 or 1000. If I bought a normal sized position it's too easy to just scale out and lose that position
again trading is what I call a mind fuck - so many emotions and disciplines and other things to deal with
most of us don't have pointy ears like Spock from Star Trek we were have mastered our emotions