Confessions of Addict-Lost 300k 2008-2010-being long market-
have now broken even- Looking to now be profitable with AAPL CALLS ---$$$$$$$$$$$$$$$
everytime the price of a company went crazy down in MArch 2009 I would buy thinking -"this cant possibly go lower" it did-----but I have perservered = it took 3 years but worth every 100k of it---GLTA
p.s. if you ever think "this cant go any lower " or "this cant possibly go any higher" do the opposite
exactly- When I am about to sell or buy---I say "will I feel worse if I am wrong and could have made a killing but took a small profit" or "will I feel worse if I hold and take a loss when I could have taken a small profit- strangely it is I would feel worse to take a small profit when I could have made a killing, then taking a loss when I could have made a small profit.
I dont think like that anymore- I take the small profit and dont look back