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Pastimes : Tidbits

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To: Didi who wrote (324)6/20/2000 11:43:00 AM
From: PAL  Read Replies (1) of 1115
 
How should one handle this illogical market, please?

I wish there is an answer to that. The hardest thing in the market is to admit to oneself that one makes a mistakes. The worst action is lying to oneself, yet in the market many are doing it every minute. That turns a small loss into a huge loss.

For example: I am trying to short SDLI, but asking for a good price (I guess I miss that) with a stop loss should SDLI runs away. Now that is theory should I get that short. I might have to force myself to press enter and buy to cover if even in one day SDLI works against me. Will I be strong enough to do it?

Paul
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