Must . . . Resist . . .Temptation

Despite the general market's slide, several of my watch list stocks are showing some pizazz this morning. What I need to learn, however, is that one day doesn't mean much. My lack of patience has caused me to lose too much over the last couple of weeks.

If you read the blogs of successful traders (ie Charles Kirk, Pradeep Bonde) you'll see that they aren't stressed about not being in the market. They barely batted an eye during the huge gains at the beginning of the week. They're just waiting for things to turn around. There is no hurry to get back into this thing.