farooq, you are so true on this loss issue. Letting the 'hope indicator' take over is 90% of my problem in a bad trade or a good one that goes bad. I am an optimistic personality; I always see the glass as 'half-full' rather than 'half-empty'. It is my nature to do so. This is a killer in the markets. It takes a mechanical approach without thought to deal with losses. And I am preaching to myself as I write this. I need some sort of huge banner in my office that says, something to effect that no hope is allowed.
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