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In a message dated 7/21/98 7:33:34 PM, robertwc@xxxxxxxxxxxxxxxxxx wrote:
<<I regrettably did and took a huge loss and soon after
President Nixon lifted price controls and cotton went to a dollar from the
low thirties. I would have been rich if I had stayed as planned.>>
Closing out a losing trade and taking a loss is never an error. That is how
you keep from going broke. I would suggest that the error, if any, may have
been that you did not get back into the trade later.
Chuck LeBeau
traderclub.com
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