today I learned that there is no room for emotion in investing.
If you make a move, it better be for a strategic reason, and the minute that
reasoning no longer adds up dump the position. Cutting a loss is potentially the hardest thing for the majority of investors to do. But after watching other successful traders strategies I realized that the only way to make it is to be cold about your trades. Treat it like an enemy, watch it, understand its movements and then strike when a weakness is revealed.
