On Becoming a Swing Trader - On Becoming a Swing Trader...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: On Becoming a Swing Trader Brett Steenbarger, Ph.D. www.brettsteenbarger.com The following was posted to the Spec List on 12/10/03. ==================================================== Well, it's been almost three months since I stepped down from my full-time counseling activities to pursue more-or-less full-time trading. In that time I've learned a lot and met with a modest degree of success. I'm running about 60% winning trades and managing to make money overall with more winning weeks than losers. So far, so good. Now you would think that this would bring encouragement from one's closest trading friend. Not at all. I recently received an email from a valued and distinguished friend/Spec telling me, in essence, that my trading was too frequent, in error, and headed for no good. My definition of a friend is one who perceives the best in you, and who wants the best for you. So I could not dismiss this feedback out of hand. If there's one thing I've learned in my brief trading career it's that closing your mind to events that disconfirm your expectations (and positions) is a...
View Full Document

This note was uploaded on 08/11/2009 for the course FINANCE Fixed Inco taught by Professor Proflim during the Three '09 term at University of Adelaide.

Page1 / 2

On Becoming a Swing Trader - On Becoming a Swing Trader...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online