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Strategies & Market Trends : NetCurrents NTCS
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To: Teresa Lo who wrote (5690)2/13/2001 3:15:38 PM
From: Michael Watkins  Read Replies (2) of 8925
 
I remember my big spanking. Ouch! I still keep a chart of my worst 'trade' up on the wall in my office, although its been a long time since I paid much attention to it. It served me well for a long time however.

Its embarrassing to call catching a falling knife and bailing near the bottom a 'trade'.

But it would be more embarrassing to never have learned from the lesson. Little did I know how much 'unlearning' I would have to suffer, but at least the experience set me on the right road.
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