poppi... been there done that..
Read this.
Taking a loss
Well worth it, and will change the way you think hopefully..
I could tell you the last time I took a loss more then 20% on one trade...
IMHO forget about TAX... if you have tax to pay, then so be it.. you made money! more then alot of traders did this last fin year!
If your a day trader, be a day trader.. don't change your rules for anyone! Right now the market is not for day trading.. Its very tough to make money, and the harder you try the more you will lose!
Trade wisely... and be careful! Make sure you preserve capital!
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- daytrade diaries... june 23 part 2
daytrade diaries... june 23 part 2, page-52
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