for pingu219, page-77

nice piece of advice from colin twiggs.

If you find yourself scouring the press for the latest news, glued to financial news channels waiting for the next bombshell, and watching your screen for hours at a time — you may be losing your objectivity. It is difficult to make clear decisions when you are continually bombarded with new stimuli, leaving you with no time to reflect. The best method I have found is to distance yourself as far as possible from market "noise". Select a few key sources of information and exclude all the rest. Turn off the TV and only look at your charts when you have to make a decision.

And if you find you are not sleeping well at night; in the words of Jesse Livermore: "sell down to the sleeping point". Reduce your exposure to the point that you can regain your objectivity.

rest of his recent trading diary: http://www.incrediblecharts.com/tradingdiary/trading_diary.php