Comments on: Link: Playing to Win or Playing Not to Lose http://blog.afraidtotrade.com/link-playing-to-win-or-playing-not-to-lose/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Trading Goddess http://blog.afraidtotrade.com/link-playing-to-win-or-playing-not-to-lose/comment-page-1/#comment-27086 Trading Goddess Fri, 08 Feb 2008 19:19:53 +0000 http://blog.afraidtotrade.com/link-playing-to-win-or-playing-not-to-lose/#comment-27086 Thanks for the mention of Dean's article, Corey. I am interested in Paul's article too and will run over to his house to read it. :) Thanks for the mention of Dean’s article, Corey.

I am interested in Paul’s article too and will run over to his house to read it.

:)

]]> By: John Forman http://blog.afraidtotrade.com/link-playing-to-win-or-playing-not-to-lose/comment-page-1/#comment-27061 John Forman Fri, 08 Feb 2008 17:48:19 +0000 http://blog.afraidtotrade.com/link-playing-to-win-or-playing-not-to-lose/#comment-27061 <i>"Often, a very large percentage of your annual profits will come from a small handful (5% to 10%) of your total trades. What would be the result if you “played conservative” or took an early stop-out on those 5% of trades? That would make the entire difference for you between profitability and not."</i> You express in that quote one of the issues I took with Dean's post. He recommends pre-determined targets, which would kill any type of let your winners run type of strategy, as I posted in my comment to his post. “Often, a very large percentage of your annual profits will come from a small handful (5% to 10%) of your total trades. What would be the result if you “played conservative” or took an early stop-out on those 5% of trades? That would make the entire difference for you between profitability and not.”

You express in that quote one of the issues I took with Dean’s post. He recommends pre-determined targets, which would kill any type of let your winners run type of strategy, as I posted in my comment to his post.

]]> By: Corey Rosenbloom http://blog.afraidtotrade.com/link-playing-to-win-or-playing-not-to-lose/comment-page-1/#comment-27042 Corey Rosenbloom Fri, 08 Feb 2008 17:05:19 +0000 http://blog.afraidtotrade.com/link-playing-to-win-or-playing-not-to-lose/#comment-27042 Paul, I agree - overcoming "trading not to lose" has been difficult in my trading career and I have the scars (and many many missed profits) to prove it. True, the article from Reese may be mis-titled, but seeing it inspired me to write a little bit more on my thoughts here on the open blog. I actually didn't touch on much of what Reese said in his article because it had a different focus perhaps on what the title implied it should be. To broaden the discussion, I have added your post into my link above. Thank you for the comment. Paul,

I agree – overcoming “trading not to lose” has been difficult in my trading career and I have the scars (and many many missed profits) to prove it.

True, the article from Reese may be mis-titled, but seeing it inspired me to write a little bit more on my thoughts here on the open blog. I actually didn’t touch on much of what Reese said in his article because it had a different focus perhaps on what the title implied it should be.

To broaden the discussion, I have added your post into my link above.

Thank you for the comment.

]]> By: Paul http://blog.afraidtotrade.com/link-playing-to-win-or-playing-not-to-lose/comment-page-1/#comment-27030 Paul Fri, 08 Feb 2008 16:41:18 +0000 http://blog.afraidtotrade.com/link-playing-to-win-or-playing-not-to-lose/#comment-27030 On Wednesday I posted about "Trading to Win" and how the "preserve capital" mentality is one of my pet peeves. The article you link doesn't really address "trading to win" vs "trading to lose." It basically just touches on risk management, and his focus was on preservation of capital--which is a trading to lose mentality. On Wednesday I posted about “Trading to Win” and how the “preserve capital” mentality is one of my pet peeves. The article you link doesn’t really address “trading to win” vs “trading to lose.” It basically just touches on risk management, and his focus was on preservation of capital–which is a trading to lose mentality.

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