Worldwide NFT Inc (WNFT)

[reasondeep]

Ahh my friend... the one thing that will determine your long term viability will be the ability to take losses and to limit losses. No matter how skilled you are technically or anything else, without the ability to know how to take a loss without it affecting your mentality and decision making process, the account balance will always remain the same or negative.

Don't worry, at this stage it's better to lose when you're starting out rather than learning that lesson when you got more money on the line. There's a saying with people who ride motorbikes that there's two kind of riders... those who have gone down and those who will. True words, and a similar analogy to the market is, there are two kinds of traders... those who have wiped out their account balance, and those who will. Good thing is it provides the opportunity to learn very important lessons... although I've noticed more often than not, people don't look too hard to find the lesson.

Check out this blog entry about some trading lessons learned along the way... http://www.candlemechanic.com/2013/04/so-you-want-to-be-trader.html

I'm currently in the negative as well here, but I know exactly when I am going to take the loss. It's still hard to do it, and it sucks a lot when after you take the loss price reverses, but one has to constantly work to develop that discipline. It will allow you to live another day in the market.

My analysis can be proven wrong within minutes on market open, and it's always important to keep the downside in mind, and even more important to know what you will do should the stock go wrong. Anyway, best wishes for your start in this crazy world. May I suggest you try your best not to let other's views cloud your own perceptions.