Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: jackjc who wrote (16907)	7/25/2006 3:16:27 PM
From: koan	Read Replies (2) of 78419

I know I made a terrible play, but hindsight is 20/20, and one cannot win them all. I do not worry about spilled milk. That was one of the worst trades I have ever made. I sold at $3.73, so if I had held I would be another dollar down now. In fact I might buy MMGG here-grin. I am a terrible trader anyway. My achilles heal. But the sale allowed me to get positioned in other stocks which are doing well. In the long run I did better taking my losses and changing. Selling at $3.73 is better than selling at $2.73. I do not like to hold losers either or throw good money after bad--not to say MMGG is bad, but it would not have helped me to hold, it looks like from here. I would have probably sold today to buy some nickel stocks anyway if I still had it. In poker I usually make my decision at the flop if I am going to go forward. I am happy I sold at $3.73 and got repositioned in stocks I like better. At this moment it looks like I cut my loses. I had completely forgotten it until you brought it up. One cannot win every trade in mining stocks, just as one cannot win every hand in poker. I take my losses and move on. I do not worry about bad trades or bad beats. As long as I am winning in the long run that is all that counts. We all do the best we can and that is all we can do. cheers,

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