Forum Archive Index - December 2000

[nickkearney <nk@xtra.co.nz>]

Lyall

Yeah, I hate loosing money too.  Much prefer to tighten it.

As for dry trading, well I prefer dry martinis but I'll try the trading
if you recommend it.

Cheers

NK

Lyall Taylor wrote:
> 
> I disagree with your comic, and light-hearted approach to loosing
> money.  Indeed, it is often fear of this very thing that keeps many
> people out of the share market, and consequently away from potentially
> rewarding investments.  For this reason, I cannot see how losing money
> could do any good, but rather the contrary.  People hate, and are afraid
> of loosing money, and if the do, they are more likely to swear never to
> buy another share than to become more enthusiastic.
> 
> I also disagree with your apparent view that loosing money gets it out
> of your system, and helps you focus.  Personally, I cannot see any
> correlation between the two.  Focus, and good investment techniques are
> something that should be developed before commencing trading, not
> after.  Research - reading books, and dry trading should be adopted
> first, so one can enter the world of trading with a decent shot at
> success immediately.
> 
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http://www.sharechat.co.nz/          New Zealand's home for market investors
http://www.netbroker.co.nz/        Trade on Credit, Low Brokerage. Join now.
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