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Gold/Mining/Energy : Silver prices

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To: Tommaso who wrote (236)12/10/1997 5:21:00 PM
From: Don S.Boller  Read Replies (1) of 8010
 
CG, Thommas, et.al.: The very hardest thing for a trader (or
investor) to do is - let your profits run. I venture to say that less
than 5% of all (of us!) can make a truly BIG KILLING in any one
position!!! I speak from many years experience as both investor
and broker... before you dump on this - look back at your own
history!!! Did you buy MSFT at 35 and kick it out at 45....counting
yourself to be a genius??? We all must kill our own snakes - but,
IMHO - when you're tempted to take that first good profit - step
back and analyize the bigger picture - are the reasons you got
in to begin with stilll valid? If yes - then perhaps you should
merely "bank a few chips" and let the rest "ride". WADR.
Don
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