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Politics : Idea Of The Day

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To: TimbaBear who wrote (15718)	12/18/1997 11:31:00 AM
From: j g cordes	Read Replies (4) of 50167

Yes TB.. an "exit with profit" thread. Couldn't have said it better. It is a novel idea... most all thinking is what to buy, when to buy, not how to get out, which is what trading is all about. You know what's really surprizing is how little it costs to exit a trade... it only costs the psychological 'missed opportunity' and cost of execution. The 'missed opportunity' costs are the most difficult to deal with. Learning to buy is the art of seeing opportunity. Learning to sell is the art of controlling risk and keeping your profits. Jim

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