The three responses I received for Friday’s article (1-22-2010 )were phenomenal. It demonstrates clearly the depth of knowledge that is present but hidden within this site. If you haven’t read those responses, please do so, as the writers/traders make insightful, knowledgeable, and important points with a strong dose of personal reality. Really, they are WORTH reading. They represent the essence of what we are trying to do here at TraderPlanet. In fact, I want more (I so enjoyed these), so I will re-post yesterday’s article in the hopes that others of you out there will chime in with your thoughts.

The question below is an excerpt from a much longer series of questions someone emailed to me. Part of the question you will note appeared in one of my articles earlier this week, “… I am afraid to lose…” I addressed this with my poker analogy. The rest of the question contains statements that are interesting to consider, to discuss, and to debate. Today, I deliver these to you because I would like to hear what your thoughts on these points are, and what solutions might be out there regarding these issues. You see, the points below go straight to the heart of what we all are trying to do I the world of trading and investing. How about it folks, are there any responses out there?

  • I am not disheartened, I will still try to make up the losses, but I am afraid to lose, which makes it now difficult to decide the entry and exit points.
  • No one has any proper answers,
  • the indicators are not always right, mostly not right,
  • and it seems my gut feeling is actually more accurate than the indicators!
  • What is the solution to this problem?

Trade in the day; invest in your life …

Trader Ed