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To: Autumn Henry who wrote (28568)11/17/1997 6:08:00 AM
From: bob wallace  Respond to of 58727
 
Autumn

I am so sorry about that money management post - that is one reason I don't post much on SI, I often seem to effect people in ways that never even enter my mind. I am glad though you sent your follow up message to Greg M, I think if you had sent that to me I would have dived in my burrow and hidden for a week. Fortunately Greg seemed unphased.

The other reason that I don't post much is that I am not yet a very good trader, I know what I should do, but doing it is something else. It's not that I don't get my share of good trades 'cause I do (not like some of yours however) - it's that I tend to be very self destructive - hence I related to your post about facing yourself in the mirror.

Thus far in my brief career I have built up sizeable profits in my account twice, and then in one or two days enter a series of impulsive, unresearched trades that not only loose me all my profits and then some, but put me in untenable situations, like now where I am screwed no matter if the market goes up or down. It is a very difficult problem for me, and it's not like I don't recognize it, but I certainly haven't overcome it yet.

well, there's my skeleton, hope we are on equal footing now

Bob