Friday, July 24, 2009

Loss due to greed


Lost this trade. What makes this loss felt bitter in the mouth was due to the fact that I had already anticipated the "trouble area" - but I chose to ignore it.


Why? Because it's my old friend Mr. Greed wrecking havoc in my head!


Luckily my stop was there to bail me out.


I will lick my wounds and learn from this episode. Hopefully I don't make too many of these "avoidable" mistakes again in the future!

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