Comments on: Cutting Losses

By: Are You In Control Or Is Your Stock Position Controlling You?

Are You In Control Or Is Your Stock Position Controlling You? — Fri, 02 Jul 2010 00:56:12 +0000

[...] To make a long story short: You should do everything you can in order to regain control and then stay in control. If your position is in control of you, do whatever it takes in order to get back in control. Sell. Yes, that’s exactly what I said: Sell. Go to cash. Free your mind and stop rationalizing a losing position. Take a break. Regroup. Rebuild your mental capital. Then come back and stick to a disciplined way of trading. Use stop losses and stay in control. As Dennis Gartman says: Every single disaster is due to traders not cutting their losses and letting them grow into huge losses. Cut your losses. Cut your losses. Cut your losses. [...]

By: Edward Allen Toppel ‘Zen In The Markets’ – Zen Vision And IQ Test

Fri, 09 Apr 2010 02:24:00 +0000

[...] Never add to a loser. 2. Add to a winner only. 3. Let profits run. 4. Cut losses fast. 5. Dont pick tops. 6. Dont pick [...]

By: KIV.V Kivalliq Energy – Pullback And Retest Of Breakout Level

KIV.V Kivalliq Energy – Pullback And Retest Of Breakout Level — Wed, 31 Mar 2010 22:35:25 +0000

[...] as I possibly can. I am always trying to further increase discipline and to put greater emphasis on cutting losses. The most important ingredients of successful trading are risk control and emotional [...]

By: Scott Plous ‘The Psychology Of Judgment And Decision Making’ – Investment Traps: ‘Sunk Cost Effect’

Sat, 27 Mar 2010 11:51:44 +0000

[...] Cutting Losses [...]

By: Further Reducing My Market Exposure

Further Reducing My Market Exposure — Mon, 25 Jan 2010 21:57:23 +0000

[...] never a problem. The markets offer plenty of them on an ongoing basis. What can hurt you though is big losses. Most of the time they happen due to greed. To be more precise, greed is simply a variety of fear. [...]

By: Practicing What I Preach

Practicing What I Preach — Thu, 14 Jan 2010 00:03:31 +0000

[...] make a long story short. I cut my losses. I sold my biggest loser. Now I can move on and get exposure to other [...]

By: The Need To Be Right – Common Psychological Traps For Stock Traders

The Need To Be Right – Common Psychological Traps For Stock Traders — Sat, 09 Jan 2010 13:06:18 +0000

[...] by now the single biggest mistake a trader can make is to hold on to a losing position. Failing to cut losses quickly and letting them develop into huge losses is mentally and financially devastating. The underlying [...]

By: Stepping Aside – Going To 100 Percent Cash

Stepping Aside – Going To 100 Percent Cash — Sat, 28 Nov 2009 03:36:43 +0000

[...] – Bio Extraction. I was down 20% from the top of my own capital curve. That was the signal to cut my losses and be disciplined no matter what. I could have opted for staying in and hoping for a reversal but [...]

By: BSK.V – Blue Sky Uranium: Ross Beaty Lumina Capital Investment Building Pressure

Tue, 24 Nov 2009 22:42:54 +0000

[...] why I believe technical analysis is the best tool to protect yourself. I use it in order to help me cutting losses and in order to find timely entries into promising stocks. I waited patiently and tonight I drew in [...]

By: Mark Douglas Quote

Mark Douglas Quote — Wed, 18 Nov 2009 02:07:24 +0000

[...] not I was wrong, the clearer things became, making it much easier to move in and out of positions, cutting my losses short to make myself mentally available to take the next opportunity. – Mark Douglas [...]