Comments on: Seven Deadly Sins of Trading http://theessentialsoftrading.com/Blog/index.php/2010/07/23/seven-deadly-sins-of-trading/ Information and resources for those looking to learn about trading and the markets Fri, 25 May 2012 01:24:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Mark Wolfinger http://theessentialsoftrading.com/Blog/index.php/2010/07/23/seven-deadly-sins-of-trading/#comment-16640 Mark Wolfinger Fri, 23 Jul 2010 16:27:22 +0000 http://www.theessentialsoftrading.com/Blog/?p=1830#comment-16640 Excellent list. It feels so right to me I almost believe I wrote this - but of course, it yours. That win percentage is a killer. So many traders hold onto positions - looking to 'just get back to break even' - and incur large losses while waiting. Refusing to accept that small loss becasue it hurts the track record is short-sighted. We keep score in dollars earned, not in winning percentage. Regards Excellent list. It feels so right to me I almost believe I wrote this – but of course, it yours.

That win percentage is a killer. So many traders hold onto positions – looking to ‘just get back to break even’ – and incur large losses while waiting. Refusing to accept that small loss becasue it hurts the track record is short-sighted.

We keep score in dollars earned, not in winning percentage.

Regards

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