Ain't that the truth. I've said of myself before that I'm better at holding a loosing position than I am a winning one. Hopefully, I'm getting smarter. :)
Probably the biggest ride that I kick myself about is NSCT. It was a bulletin board stock and supposedly had the next big thing in ram memory. Ran from under a dollar to $20 bucks. I rode it up to $20 and didn't sell it till it had come back to single digits. That isn't gonna happen again. I might miss out on some big profits, but now I always take profits. :)
As the Gambler song goes....
"You got to know when to hold em, know when to fold em, Know when to walk away and know when to run. You never count your money when youre sittin at the table. There'll be time enough for countin when the dealins done."
We could probably change a few words and make it apply even more.
Regards,
Randy
The Light has come into the world, but men have preferred darkness. Want an eye-opener? Check out http://www.thetruthproject.org
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