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Non-Tech : CYBERTRADER

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To: William W. Dwyer, Jr. who wrote (1746)1/16/1999 5:26:00 AM
From: LemonHead  Read Replies (1) of 3216
 
Bill, have been working on damage control for my Portfolio since the first of year cleaning up my long term looser's. Really feel better looking at cash instead of red. This quote helped me face the truth.

I did precisely the wrong thing. The cotton showed me a loss and I kept it. The wheat showed me a profit and I sold it out. Of all the speculative blunders there are few grater than trying to average a losing game. Always sell what shows you a loss and keep what shows you a profit. Reminiscences of a Stock Operator by Edwin Lefevre 1923.

Today I set up my AIM software, I believe this system will help to harness and control my emotions.

Keith
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