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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 336.34+0.3%Jan 2 4:00 PM EST
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To: Investor2 who wrote (803)3/18/2001 10:56:10 PM
From: Lone Ranger   of 10065
 
i2, that's a good question. i just read something that sounds appropo to this discussion. its from a trader and goes something like this: "seize every opportunity to let your profits run, but run like a jackrabbit when adversity comes." things do not need to be an all or none proposition. that's how i personally got burned on this ctbm rally call. i went in full steam ahead, instead of reasonably building a position. i wish i would have run like a jackrabbit when adversity struck, but i didn't know what i believe i understand now. the reason i say what i believe i think i know now, is until i practice this with real dollars my talk is cheap. its like having an imaginary portfolio. much easier than managing your own real dollars. so as "chick hearn" of the lakers says, its now pressure cooker time and we'll see if i can perform in the clutch.
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