Thanks. I think the pain is not about being in loss- it is the right trade that I made, albeit could end being a loss making one. Happens all the time. Don't get me wrong I rather be in profit. I have slowly gotten to be cut throat, logical and rational with my trades aka- a plan to cut losses soon and let profits run long and review the "why" of every decision I make- I continue to learn and get experienced. However I must admit, there is some emotional element in all my trading-just being human here.... I suspect TSO will do well, and this is what is telling me not to sell (at this stage nothing more)...my plan is telling me to sell at the limit I have set....
In this whole scheme I am searching for a logical reason to my action-hold ride the wave or sell, I did not suspect TSO will go down this much.....I don't hold stocks long hence the ambiguity....In this trade I am simply going through something new...where I am wanted to hold long and now maybe getting cold feet...
