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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade
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To: Terry V who wrote (572)2/21/1998 1:34:00 PM
From: Tom Hua   of 2120
 
Terry, how true it is. I used to sit on my losers, sort of sit and pray. Well, I've come to realize that the lord has taken no part in my losing trades, so it's up to me to cut the losses and move on to greener pasture. From the time I flush the "sit and pray" philosophy from my trading habits, I've done a lot better.

Regards,

Tom
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