InvestorsHub Logo
icon url

Isavant

12/27/07 3:09 PM

#84754 RE: PRAE #84753

Not very logical at all.. IMO....sell for a loss - buy more and hope to have profit from 2nd purchase AND from 1st sell for loss.

icon url

itlogic

12/27/07 3:17 PM

#84760 RE: PRAE #84753

You could look at it like that, but once I sold my .0008 at .0003, I just chalked up the loss and wiped the slate clean. You are correct though, I could look at it that way too and my average would be .0006.

Mentally, I like the clean slate thing because it helps we forget about the loss and move on. I think I get that from being a tennis player. I play in tournaments and stuff. My biggest crutch has always been my mental game, not physical. I have to learn to let things go and start fresh with the next point. Otherwise, I dwell on the previous lost point and it affects my whole game.