What is a trader's greatest expense?

What is a trader's greatest expense?

Thought this might be an interesting question to pose to the group. I will give my thoughts later.

Darvas2

 

Ones own demons!!!:eek:

 

losses... that is why it's good to cut them quickly... you Darvas, of all people should know this!

 

http://www.elitetrader.com/vb/showthread.php?threadid=94364

 

Been playing 2 rounds a week lately. With a 20 handicap, lost balls are starting to add up.

 

For me, anyway ($10-20k monthly)... commissions... after that, taking shots.

 

time

 

Obviously, having a wife...

 

losing 5k in a day

 

Good answer/good answer. I would also add the other "t": Tuition.