No more loging to account & checking account value

[oldtime]

Quote from oldtime:

I had a real account and a paper account trading basically the same thing, but it got busy and I got too worn out to check the paperaccount. After a week the paper account was up 20% more than the real account, because nobody was there to take profits.

the first thing I did when I checked it was to start taking profits. Who knows how high it would have gone if I hadn't checked it for two weeks?

 

[Rashid_G.]

Quote from oldtime:

the first thing I did when I checked it was to start taking profits. Who knows how high it would have gone if I hadn't checked it for two weeks?

Thought you were waaay past this.. Glad to know it isn't just me then... Run an errand, come back.. huge profit. One thought: move stop and quit watching! Second thought: mine!.. mine..! MINE!!! (this IS THE absolute last trade of your life!!)

After 30 seconds position is flattened... 30 minutes later.. what the!!??

 

[Roark]

Quote from optionnew:


I am telling my asistant in the begining of the week what buys or sell I want to do this week for what price range ( I am more of a longer term value investor), he can do it any time during the week, and I don't care if he buys a position for 75.11 or for 75.24
I keep my focus on, tracking what my strategies are doing, watching the overall market, backtesting, devalope new ideas etc.

I'm telling my butler to cancel my subscription to the WSJ because I have too much money already.

 

[optionnew]

Quote from Roark:

I'm telling my butler to cancel my subscription to the WSJ because I have too much money already.

Good for you. You might want to have him cancel your subscription to elite trader as well.