dare i say words of wisdom..., page-32

re: blueballs If you had read my old posts then you would have understood my actions.

LEARN TO BE DISLOYAL

Loyalty may be a virtue in family,friends,and dogs etc,but it is a fatal flaw for a "trader".
The novice trader places a lot of loyalty in their positions.
They ignore signs of being on the wrong side of the market and then ride their trade into a large loss whilst hoping for the best.
An experienced trader,having learned the importance of money management will exit quickly once its obvious a bad trade is made or a stop is hit or the trend changes or the facts change....

Are you loyal to your dogs???

Are you able to change your mind when facts or things cause you to change your beleifs...are are you too pig headed....


If you answer yes to the above 2 questions I would call you an inexperienced trader and suggest you paper trade a lot longer.


I have a funny feeling you are just another mug punter.


hooroo