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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Tony B who wrote (10087)	2/26/1999 9:11:00 AM
From: Tony B	Read Replies (1) \| Respond to of 56532

Losing trades (general thoughts) - I've been doing a little thinking about holding onto losing trades. I guess everyone has done it. Even after we had that info posted on the weekend. For some reason, I don't have much of a problem selling my losers. As much as I hate to admit defeat (and I've had to do it way too many times on my trading), I just hate holding a loser even more. To me, if they are in the red, that stock is just pissing me off (stoopid stock). I'll kick the damn thing to the curb in a heart beat (if it can't pay its share of the bills, it definitely aint living under my roof). Even when I look at my winners, I'm just waiting for them to show any sign of weakness and then they get kicked as well. Maybe I have this strange hatred for the issues I trade. Except for my long term holds (which I'll hold even with huge losses, at least in the first few months), I don't trust any of the issues I trade. hmmmmm... Anyways... Just kinda my early morning thoughts after a night without enough sleep. Good luck everyone. HAND llater, Tony B

To: Tony B who wrote (10087)	2/26/1999 9:43:00 AM
From: wlcnyc	Read Replies (1) \| Respond to of 56532

Tony...OT "I'm definitely not feeling as crazy as yesterday." Ahhhh.... Too bad! Bill

To: Tony B who wrote (10087)	2/27/1999 12:41:00 AM
From: JamesT.	Read Replies (1) \| Respond to of 56532

TonyB ITGR Checked out itgr this p.m. to find it went a little further south today.I appreciate your comments and have to agree with you. I don't want to see my small loss get any bigger. Have a limit GTC sell for what I bought it at, but its not moving in that direction. I would like to get out of it mon. I will also be at work. Do you have any suggestions how I might sell quickly and limit my losses? From everything I've read about market orders, your just setting yourself up to be MM stew! BTW...Your sense of humor reminds me of my younger brother....good thing! Thanks, JamesT