Why Most People Get Chewed Up Trading


First, they are in the wrong stocks. You must be in the stocks that are
strongly trending and have some volatility.

Second, they don’t know how to take a loss. They let small losses turn into
large losses, and this paralyzes them both emotionally and financially.

Jeff Cooper, from

Hit and Run Trading II
(1998, M. Gordon Publishing
Group, Malibu, Calif.)