My story!

Discussion in 'Trading' started by Honda, Mar 30, 2001.

  1. jmcgraw

    jmcgraw

    I agree with rtharp...

    And I also honestly think it would have been better to take the large loss earlier and learn from it. The fact that you got out now without the huge loss, may feel good, but it probably will prove to be less of a learning experience. And in a while... It may happen again.

    I think its best to have severe negative reenforcement for not stopping losses. It should be thoroughly engrained in your SUBCONSCIOUS (not just your logical mind) not to let a loss go. I know it may hurt bad, maybe feel unbearable, but in the long run it pays off.

    Hopefully though, you have learned your lesson.
     
    #21     Apr 19, 2001