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Re: gold100 post# 61

Wednesday, 04/19/2006 8:37:17 AM

Wednesday, April 19, 2006 8:37:17 AM

Post# of 128
OT

gold100:
You need to get to the point where taking a loss is actually pleasurable (is that a word). When I buy and things go against me I am usually gone really fast and it feels good because I know I was wrong and took a small loss as opposed to a big one. I have a fair amount of small losses and some big profits.I use technical analysis for my buy points so I know where I am getting out if it goes against me. I tend to stick with winners a long time because I am looking for long term trends. I have been long gold and commods for close to 4 years. Anyway my 2 cents from 30 yers of investing.
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