SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Dave O. who wrote (4018)9/15/1999 5:05:00 PM
From: Cormac  Respond to of 18137
 
Dave - "thinking about accepting those losses..." - how true

as someone once explained trading is about "being wrong" not being right

successful traders can and do accept when a trade has gone against them, accepts that they are "wrong", cut their losses and move on, they learn from their "wrong" trade but do not try to COMPENSATE and sooth their ego (for being "wrong") by going for a home run or making a questionable trade

Cormac