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FAILURE TO DELIVER

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Alias Born 12/10/2006

FAILURE TO DELIVER

Re: None

Thursday, 06/14/2007 11:43:44 PM

Thursday, June 14, 2007 11:43:44 PM

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How to Trade in Stocks page 133

What all traders must be aware of is in effect a kind of arrogance,for when a stock moves against us we must decide that we were "wrong" and we must exit that trade instantly. Most traders forget that it is a proven fact that we will always be wrong on some trades;it is getting out of those trades quickly that is the key to success.

Don't average down.

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