Thats the problem I have been dealing with of late, I looked over my trades of this year, and so many of them are for such small profits, and then there would be that one bad trade which would wipe out alot of my gains. These were the mistakes I use to make when I first started trading.
I learned then to take the quick losses, but not after I had suffered some painful lessons.
But today I am not getting a chance to let a trade run for very long, even an entire day or two can be difficult in these times. A few times I have held the gain overnight only to see it disappear before the market even opens at 8am for pre-market trading. Very discouraging to start a day on a loss probable.
Thats why I keep telling Mary that I might have to come up with another way of making money each month. I have to pay for medical insurance each month, but now that I am finally covered those bills are still alot for me to deal with, and along with the yearly hospitol bill I seem to be incurring of late, along with the regular house bills.
At this age, 62, I have seen so many friends also have a health problem, and to watch a life of building equity can get wiped out quite quickly with an illness. Then there are those who have a sick grandchild that needs constant medical care. Those bills are just recurring, and even a close friend who has done quite well in life is feeling discouraged.
Thats why this latest issue on health care is so discouraging, to think that so many people will have to go back to square one in health care for there children is hard on the over-all economy. I was listening to Santorum and the medical bills of his child, he is a multi millionaire, and does quite well each year, but his bills would break the average american in just a few months.
People wonder why the economy is not doing better, the sky-rocketing cost of health care these past 15 years is one answer. Its killing, individuals, and companies alike, to think america wants to go back to health care before Obama signed into law this latest attempt to tackle the problem is absurd for millions of americans. Millions of children are effected.
When I had my lung cancer I would go to the Doctor's office every few weeks for treatment, and I would watch children be effected with this disease. I would tell myself that my lung cancer was the result of my stupidity in smoking cigarettes, but these children were so young.
Some were on there families insurance plan, but not for long, the cost of treating a child would break most small insurance plans that are paid for by a small business. Worse than that if the parent lost that job, then the child is now not covered by any insurnace at all. When the parent would apply for a job, that child would have a pre-existing condition, and now you have no chance of getting health insurance in america ever again.
Now the argument will start all over again about a new health plan, what about the millions of children who have pre-existing conditions, we are telling them to just wait for another 5-15 years to get health care, or go to the emergencey room when you get really sick. I have seen cancer in children, they cannot wait a few weeks, let alone any longer than that. Just something else to think about when you think that scrapping Obama's Health Plan.
