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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (47428)6/1/1999 7:01:00 PM
From: Jack Colton   of 90042
 
Tim,

Don't get upset because someone is upset somewhere. I have not read any of the things that you referenced in your last couple of posts, but I knew this time would come. All it was going to take is one really 'good' down day.

Please just keep an open attitude towards the way you trade, and don't take other people's bad trades personally. Anytime a novice trader loses a few bucks, in a trade that he / she thought they were going to make money in, the first thing someone wants to do is lash out at the reason they were in the trade in the first place. Instead of taking full personal responsibility for their own actions, they feel hurt, and want to blame someone else.

I think it is the opposite of "irrational exuberance." Don't take it personally, my friend. You're doing a great job of picking take over candidates and you have an extremely good group of giving people.

Jack
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