Strictly: Drilling and oil-field services Message Board

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

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To: rocklobster who wrote (21055)	5/4/1998 12:30:00 PM
From: Thomas M.	Read Replies (1) of 95453

I disagreed with the short position, but felt it was part of your strategy and let it go. However, in going back on your original condition of covering at 23, you made two classic mistakes. You let a losing position run against you, which a trader should never do. Also, you ditched your original plan when it started to go wrong, instead of sticking to it. I could write a novel on how many times I have committed these cardinal sins. Tom

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