Friday, August 16, 2013

Geo Energy - 1 Pip Loss



Made a super small loss on Geo Energy the other day. Cut loss was 0.5 pip to 1 pip, long 0.375, cut 0.37. Shouldn't have cut loss on hindsight but sometimes emotion does play a big factor. People tend to grow fearful, when they taste failure, face a daunting challenge or fall ill. Yet, that is precisely the time to become even bolder. Those who are victors at heart are the greatest of all champions!

Ronald K - Market Psychologist - The Big Speculator