Tuesday, April 11, 2006

Balance..................

It is counterproductive to be emotional about your trading results. Emotions are a distraction that can easily lead you astray. If you actively trade, you will have good days and bad days. You will have stocks that double and triple, and you will have ugly losers. As the old saying goes, "It's a marathon and not a sprint." So we need to stay focused on our long-term results and shrug off the short-term successes and failures.

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