Tuesday, September 28, 2010

Oh my goodness

Yes, I did it - drum roll please!   I bought a stock without shaky hands and with a calm heart - not even a flutter.  Then, I sold it too fast and lost $40 when I could've stayed in and made $130 when the stock went back up one hour later.

But, I choose to sit in the moment of triumph, the moment that I succeeded today in buying and selling with calm.  That is victory.  If I can keep repeating that now, of course with some patience before selling, then I may actually get the hang of this and make some money.

Toni Turner is a fabulous coach who talks about how much of trading is psychological and that staying calm and confident is key.

Repeat after me, "Ohm, ohm, I am calm like the water."  

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