An important email for screen traders',
Without question, you are one of the few in the entire floor trading business with the stick-to-it-ness & the discipline/self control who can continue their career “off the floor”.
Let me warn you, however, that it is much easier to get in trouble when trading off the floor:
1. to be over confident on the following day after a winning day
2. to reach or come close to your daily monetary goal and continue to trade because you
feel it
3. to continue to lose money after reaching your downside loss limit
4. to trade when you should not trade because you have a good work ethic, but are over-
tired or have negative thoughts
BEWARE & BE AWARE OF THE SUB CONSCIOUS PREOCCUPATION WITH PERSONAL PROBLEMS OUTSIDE OF
TRADING
5. and finally it is much easier to fall into or slip into the Chain of Disaster
(Chain of Self Destruction ) because of the ease to click as opposed to getting a
brokers’ attention on the floor
NOTE: The Chain of Destruction: Impatience; Irritation; Anger: Self Destruction (IIASD)
(the loss of a lot of money that ends your trading career)
At any rate, you do have the “Right Stuff” to have a life time career in trading, if you pick your spots and remember to pay attention to the problems in computer trading above.