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Re: Phoenix_Sol post# 10907

Wednesday, 03/22/2017 11:50:56 PM

Wednesday, March 22, 2017 11:50:56 PM

Post# of 30141
Good evening Phoenix_Sol.

You're humility, based purely on the fact that you've openly shared your situation, can potentially make you a great investor/trader as you gain experience. It is from these lower depths that great traders are born/developed.

Having said that, there's a long road ahead so I recommend exiting some of your position and experiencing the feeling of having settled cash in your account. There's a different confidence and mentality one has when they're sitting on cash vs having everything in play. Let this cash sit in your account until you've calmed your nerves.

Meanwhile, continue observing and learning as much as you can.

You've mentioned learning so much already, however you keep asking for the future outcomes. So I ask what have you really learned?

If you've learned, then it's based on past experiences. We do not learn from experiences or outcomes that have yet to take place. So if you have truly learned, then you need to take that knowledge from past experiences and outcomes, and apply it yourself, to gauge possible future outcomes.

Go back and review what you think you've learned. When you have truly gained insight and experience, you'll know. Because you'll stop looking to others for answers, but rather come to conclusions on your own.

I sincerely wish you much success with your trading and investments and encourage you to stay humble and continue learning. Hopefully you'll be able to look back on these days further down the road, while you're paying it forward to a "newbie" someday.

Respectfully,
Rec

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