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Great point tech/a, but this is how I see it as a Mechanical Systems trader

In between, just hang on for the ride
No matter what your selection criteria was, or what has motivated you to place a ‘buy’ order, you have to realise everything is out of your control from that point on till you elect to sell that security - just hang on for the ride.

What happens in between
After you place a buy order you will either be exuberant when the share price increases or feel despondent experiencing a white knuckle ride to the bottom.

Trading is bat $hit scary sometimes.
Trading is an emotional roller coaster and how you manage your psychology really matters even more than your stock selection.

Skate.

[QUOTE="Skate, post: 1010443, member: 57364"] Great point tech/a, but this is how I see it as a Mechanical Systems trader [B]In between, just hang on for the ride[/B] No matter what your selection criteria was, or what has motivated you to place a ‘buy’ order, you have to realise everything is out of your control from that point on till you elect to sell that security - just hang on for the ride. [B]What happens in between[/B] After you place a buy order you will either be exuberant when the share price increases or feel despondent experiencing a white knuckle ride to the bottom. [B]Trading is bat $hit scary sometimes.[/B] Trading is an emotional roller coaster and how you manage your psychology really matters even more than your stock selection. Skate. [/QUOTE]

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