Mark,

Yeah. Been there, still doing that!

When the view on a trade changes for whatever reason it is best to close it and take your lumps. However, it does kill me when I do the "right" thing and then the situation reverses right after I am out. Even though that doesn't happen very often, it feels like the plug gets pulled on my discipline reserves for the next trade. I guess the only solution is to live in the moment but that is hard to do when we are so influenced by our immediate past.

Jim