Many traders get caught up in making all or nothing decisions in their trading. For example, there were probably many traders who could not pull the trigger on the buy side after the big market gap up in early January. Many may have simply said “Man, this is too high, I’ll just wait for a pullback”. They could not pull the trigger out of fear of losing money. When we are in a similar situation, we take pressure off by acknowledging that in order to make money we have to take on risk (this is what we do). Then, rather than buying a full position, we buy a half position, a third, or even a quarter and try to add on success. This small position give us some confidence if it works, and we can build on that confidence with follow up buys. If the buy does not work, so what, we lost a little bit of money.The First Trust Dow Jones Internet Index ($FDN) broke out from a short-term consolidation yesterday.