SSN 0.00% 1.5¢ samson oil & gas limited

Hey moonta and wilson, you guys are being too hard on...

  1. 8,720 Posts.
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    Hey moonta and wilson, you guys are being too hard on yourselves. The 1st rule of trading is to make a profit. You did and congrats. Unless you have the unrealistic expectation of picking the exact bottom and top on every trade then by definition there will always be something left for the next guy - you cant and shouldnt concern yourself about that otherwise you'll burn out.

    FYI last week I had 8 trades 7 of which were successful and 1 which was not, but overall I made a nice profit. Yet I beat myself up about the 1 losing trade - until I took stock and thought about my comments above and the fact that I'd become a bit emotionally invested in that 1 stock (BLY) - again, another trading rule.

    Why should you let what might have been ruin what you've achieved?

    And of course, you can take your profits on to the next trade, and achieve more.

    Anyway, well done I say to both of you. Cheers, Sharks.
 
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