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Non-Tech : CYBERTRADER

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To: William W. Dwyer, Jr. who wrote (1702)1/13/1999 12:14:00 PM
From: Mr. Rhino  Read Replies (2) of 3216
 
William,

I received my CD's from Cyber trader today. I haven;t seen them yet because i am in the office, but I will check them out tonight. I am fortunate enough to be able to closely watch the market in my office, so i would like to try my hand at this, with of course first learning how NOT to lose.

And I made a couple of investments my first days out here, and the stocks went up nicely. Now normally, I would wait and see, but I sold them so I could feel what it is like to make a profit, and not question myself if the stock continues to rise. The big thing here was a sense of victory or accomplishment. Also a sense of confidence that my selling a profitable stock, you can now say I did it.

I have also put in some stops so that if a stock does fall, I'll be OK to take a loss. I'm sure you can't win on everyone, and I think the hardest thing for me to understand here is that it IS OK to lose sometimes. Don;t get emotionally attached to a stock, because it doesn't know me at all. If I keep my emotions out of it, I'm better off.

Mr. Rhino
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