Daytraders After Market Lounge 19 Dec, page-25

All good mate - Small loses on trading parcels - At least I stuck to my trading plan..
Just stuffed the entry up on both of them.. trying too hard. Nice to get a reality "slap" from the market every once in a while!

Struggling with being an "investor" though.. Have trained myself to be a trader for nearly 2 years and it is hard to watch that much value get wiped in a day (not to mention the 2 before it..)
Having said that - my reason for investing in IAM was to take a long term, well researched position and when I got in I told myself that at the very least - I had to wait until they start hitting milestones and issuing performance shares before I would start selling..
I still think they can get to a 400 mill M/C sometime in the next 12 months - and that gives a SP of about 21 cents..
Who would of thought.. being a trader is emotionally less stressful than being an investor!