Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (87601)	12/15/2003 11:11:40 AM
From: Clappy	Respond to of 209892

GM is starting to come back down today, finally. I was sweating it a little bit. This morning it was right around my mental stop. Had it not been early yet I may have tossed in the towel. My new self-imposed rules dictate that if I lose more than 1% in my trading portfolio I have to sit out for a month. (Each month starts anew.) It sucks sometimes but it should cut my losses to no more than 6% a year... Those damn losing streaks are what kill me. I try too hard to make it back and only dig myself in deeper. Now I get to refocus during my off time and figure my next move with a clear head. It really makes me think whether or not I want the specific trade before making it.