Wednesday, December 12, 2007

Must . . . Resist . . . Temptation

I got that "trader's twinge" in my stomach this morning as the radio was announcing that the pre-market was trading "sharply higher". Should I get back in? Will the bulls take control today? Am I missing out?

Emotions can destroy a good trading plan. I made a good decision on Monday and it would be silly of me to get greedy and jump back in based on the pre-market reaction. OK, I've talked myself into holding tight.

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