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>The hardest thing in trading is learning to take a loss. You must preserve capital, to play again another day. You don't do that if you hold losers.
>
>Richard Estes
Richard, I could not agree more, although sometimes things move too fast
for those of us who have to do our trading in the evenings. I bought
some stock the night before the October "correction" - and by the time I
could get back online, it was indeed a "Hope" and "Pray" situation...
One of the stocks has recovered, another is where I bought it, and
another is WAY down.
Really enjoy the active and honest interaction here! Thanks everybody!
Dave Felt
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