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 : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: Ira Player who wrote (2748)	3/21/1998 7:05:00 PM
From: Christopher	Respond to of 4969

Ira, very sound advice. Thank you.

To: Ira Player who wrote (2748)	3/21/1998 7:58:00 PM
From: TFF	Read Replies (1) \| Respond to of 4969

>>>>>A position is taken, it begins to go against you, but fear (or pride) stop you from closing the trade at a small loss. I knew I was doing SOMETHING wrong!

To: Ira Player who wrote (2748)	3/21/1998 7:59:00 PM
From: Spots	Respond to of 4969

Proably the single best piece of advice there is. At least to me. My biggest failure. <Very Big Sigh> And what's irritating to me is that, once I've faced the fact that I have a loss, I'm the ice man. I can dump a loser without any regrets or emotion. But that is NOT close to enough. You have to do that quickly (admit to yourself you have a loss, I mean), or you're toast. That's my sticking point. I just can't seem to do that even though intellectually I understand. Well, if we weren't human, then investing would be better but life would be worse. I claim (in self defence). <GGG> Regards Spots