Tuesday, November 13, 2012

Noble Group - Losing To Gain Experience


4 days ago, a student sent me his losing trade. Well, he made a wrong judgment so he paid for his loss. I believed this was a good lesson because he gained some valuable insights and enlightenment. Well losing is part of the game, so if you can't afford to lose, don't speculate, do investment. Every losing trade is like a step towards your final goal and destination. Every time when I lost, I don't harp on that losing trade but continue to move forward to find a better stock to punt. I really like his attitude because it reminds me of myself. One can lose money but not his confidence.

Ronald K - Market Psychologist - The Big Speculator