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Postmoterm 08-Nov-2006

by Gav Leave a Comment

Prejudice. I always have this problem when I am looking for trade. Today’s action showed my problem again. subconsciously, I was thinking the market “Should’ sell down. The “Should” limited me. I was not flexible to look for other trading opportunity. Because of this ‘Should’, I gave myself a lot of excuses, like ‘ moving avarage is trending down, there were resistance up there blah blah blah’. In the hindsight, I do not think these thoughts are judgement calls, instead, they are excuses to be inflexible.

I am not saying my last stopped out ES trade was bad trade. The trade was established according to plan. But, after the trade was closed, I just can’t switch myself back. I was still in ‘Shorting’ mood for the rest of the day. Looking back at charts, there were a couple of nice scalping setup, should I be not so inflexible.

Mental problem. I acknowledge this problem. I am going to fix this. Fix my own brain.

Well, I received an email from Tradestation this morning. Though I am yet to receive my refund, I am glad with their prompt response. I was informed about the billing issue when I gave them a call yesterday, and, a formal email reply is received within 1 working day.

After reviewing our November billing, we have determined you were billed in error for the TradeStation platform ($99.95) and/or RadarScreen ($59.95). In October, you did meet the thresholds for these fees to be waived. We will process a credit for the amounts you were billed. We apologize for any inconvenience you experienced and we are working to insure this does not happen again.

Thank you,
…..

Filed Under: Rant Tagged With: Trading Psychology

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