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Strategies & Market Trends : LastShadow's Position Trading

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To: HarryF who wrote (12380)4/9/1999 12:03:00 PM
From: Susan Saline  Read Replies (2) of 43080
 
why Harry! never feel bad about taking a gain :o)

you did real well on it ... makes ya feel good to get that loss money back.

it's a psychological problem ... we most all have, when we get ahead in a stock we had at a loss. We feel so happy to get our money back that we often take the money and run just as the trend has changed ... heck ... I do it all the time.

am sitting on a lil loss with the prgy and aklm that I bot yesterday, now will i too chicken out and sell as soon as they go green on me? I'll have to fight the urge ... LOL
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