Dave Landry at TradingMarkets.com has an hour long video presentation at this link. One of the topics he covers is micro managing, how some of his clients can't bear any discomfort and exit as soon as the position goes against them, before the stop is hit. His term for this is micro managing.
Readers might even waggle their finger at me, as I exit to protect a profit. The difference is one of style. As I have said, I see myself as analogous to a singles hitter in baseball. Where gains are small, and the winning percentage is [hopefully] very high. Losses too are kept small. Landry's style is that of a momentum player, where home runs and doubles are much more common, but the percentage of winning trades is not so high.
In any case, if a person has time this long weekend the entire video is worth a look. It starts off a bit slow. If a person is primarily interested in Landry fielding questions on different stocks, that part is about 37 minutes into the hour long video.
Have a nice weekend.
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