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To: robin 187 who wrote (50047)	8/17/1998 10:02:00 AM
From: ViperChick Secret Agent 006.9	Respond to of 58727

robin you are about to learn the second important lesson we have to deal with!!!!!!! dont look back at your trade in terms of what Dell does today with that thinking of ...&%%#@$!#^$@?^#@^^@^##^ I should have held on.... do look back at it and analyze what you did wrong, what you did right...what you could have done etc...but do it ANALYTICALLY not emotionally...that is a tough ..and to be honest..if I lose a bunch of money on a trade..I have a tendency to throw that confirmation in a drawer and not look at it because i just dont want to think about it...not sure I will EVER be able to totally detach that emotional aspect..but then again I have that emotional personality in everything Looks like we will be getting updates all day long on CNBC about the testimony... even before anything happens..they just brought in tom Brokaw REMEMBER PRESERVATION OF CAPITAL..... and you should ask jgcordes for his chicken trade post....that will help you get some of your money back slow and steady... dont try to get it back in one trade...

To: robin 187 who wrote (50047)	8/17/1998 10:43:00 AM
From: Stoctrash	Respond to of 58727

Robin, looks like the TSO'ers have pointed you in the right direction. Get them books and check out the links here on the net. I've been where you're at .....and it sucks, but it will get better so hang in there. ..read...study...paper trade....read again... Then start with small portions of REAL $$$ again. I don't even trade options cuz I've learned they are not for me also.

To: robin 187 who wrote (50047)	8/17/1998 11:09:00 AM
From: Patrick Slevin	Respond to of 58727

I think it was Nemer that mentioned one of McMillan's books. I have a few myself, including McMillan's and one or two that are more advanced. After you get a feel for McMillan if you like I'll give you another title or two, I've posted them here before. The real good one is purely advanced techniques, getting into Volatility, the Greeks, and whacko arbitrage like jelly rolls, synthetics, and stuff. Good luck in any event. Sometimes it's wise to step back after a loss and analyze what you did wrong...write it down if you can. It helps ingrain it into your mind so the next time you are more aware of history....a sort of deja vu jumps out at you and lends a warning.