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Non-Tech : The Critical Investing Workshop

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To: Gut Trader who wrote (18263)5/11/2000 12:29:00 PM
From: Dr. David Gleitman  Read Replies (1) of 35685
 
Re:

Voltie, My wife says the best sell indicator is when I run around the house in the buff screamin "I'm king of the world"

Greetings Gut Trader:

My only question is what did you use for a septer?

Actually, I have to admit that whenever I achieved a sense of "irrational exuberance" where I begin to feel invincible and confident that I won't make the same mistakes again, that's what it hits me. My hang up is my resistance to taking a profit, short-term, instead, I allowed these stocks to be driven into the ground and then forced to take the margin call at a loss. Talk about being screwed up. In reading trading for a living (actually I just began reading it) I'm beginning to take the approach that is used by Alcoholics Anonymous or gamblers anonymous and repeat myself that "I am a loser" and to concentrate and to prevent taking loses whenever possible.

Best regards to all

David
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