Founder Statement of the Day
Dear Traders,
The phrase “you only lose when you sell” has to be one of the most silliest things to believe or say!
No... you lose when your position is significantly less in value than when you started.
Lying to yourself causes pain for yourself!
“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”
ReplyDeletehaha great rules! Of course you won't lose if you don't play, but also won't win, get experience, improve, even live haha! This is a trial and error career!
DeleteExcellent! I couldn't agree more. People need to stop worrying about the minor losses and focus on the bigger picture. Where do you think the stock will be in the next couple of months and or does it have the financials to back your assumption.
ReplyDelete