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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: Snowman who wrote (14550)	2/21/2000 7:51:00 PM
From: stock talk	Read Replies (3) \| Respond to of 59879

To all of you "woulda coulda shoulda" types, one of my favorite topics..........Greed. "As any trader knows, once you have a trade -- particularly a profitable one -- you have to fight against the three deadliest of demons. They are: greed, Greed and GREED." A must read for all cnbc.com I don't mean to imply that I'm a better trader than anyone else, but I have survived trading for 20 years, when most current stats say 90% of all new traders go bust within 6 months and of the 10% that are left 1/2 of those are gone within the next 6 months. So while I have no way of knowing if I'm any better or worse than anyone else, I am inclined to believe I may have more experience than most. What that has taught me is "Greed kills always has always will." So the next time instead of saying "*%$#@^" when the stock you just sold runs, say I'm glad I locked in a profit and survived another days as a trader as a result I will only get better with each day I survive in the market. Learn good money management skills and survive, survive long enough and you'll thrive, thrive and you won't feel then need for greed.