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Strategies & Market Trends : Classic TA Workplace

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To: bcrafty who wrote (68756)3/17/2003 2:04:35 PM
From: Perspective   of 209892
 
One other thing: you must know yourself. I have a weakness, and it is that I can't stomach holding a loss when I feel like I'm counting on the greater-fool theory to bail me out. If I take that position, I will nearly always sell at the first sign of trouble, or I can't sit still long enough to make it worth the risk.

I know this is a weakness for me, so I avoid trading in that mode.

I respect those of you that can do it - I wish I had that talent, but I don't.

BC
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