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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: rocklobster who wrote (17560)4/2/1998 12:35:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (2) of 95453
 
How bout that.

How about this

Dont second guess your decision.....

Take your profits and wait for the next pullback

IN THIS SECTOR - IT WILL COME

It doesnt matter if the stock goes up 5 after you sold it....you still have money in your pocket..you still have a profit...and you wait for the next opportunity.

Either you put this in the vault and dont worry about the day to day machinations...or you trade the market...dont mix the two strategies. It will kill you psychologically.

Now that you have FGII again.....calculate where you think it will go within your time horizon and if it gets there SELL

You already did that....and then second guessed yourself and got back in. Now do it again.

Discipline is the hardest thing for me to deal with . When I am disciplined....I make a killing...when I am undisciplined...I usually get killed
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