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Imagineer66

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Imagineer66

Re: None

Wednesday, 10/05/2016 2:23:47 PM

Wednesday, October 05, 2016 2:23:47 PM

Post# of 864
Moral of the story for us all (me included) is something I was taught by Williams 20 years ago and still holds true: NEVER take more than a 10% loss in any trade-able instrument unless one is just pure gambling. This is the market just telling one that one has made a mistake. Accept the loss and preserve what one has left because the odds are very slim the instrument will regain its former value .
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