To discipline or not to discipline
(2007-05-03 18:28:08)
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To discipline or not to discipline, it is an issue of survival in the market.
What happened with me recently on me is really a disciplining problem. It is forgivable to have made wrong judgments on some stocks, in particular, DNDN and AMZN. But averaging up and doubling the bet are never forgivable.
The damage, both monetary and metal, has been done. Will I really take any lessons?
Really, if there is only 100 AMZN shares on short, I can take the loss. Painful, but I can survival. But the story have different flavor when I have much bigger trading size