RE: [CANSLIM] Opportunity Cost

From: "Katherine Malm" <kmalm@earthlink.net>
Subject: RE: [CANSLIM] Opportunity Cost
Date: Thu, 26 Jun 2003 17:08:33 -0500

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Hi Scott,

This used to be a problem for me, but several years ago, I buckled down and
set a very clear set of guidelines for mining, buying and selling stocks.
When I sell, I do a post analysis to determine what I did right and what I
did wrong. That helps me continuously improve both my process and my
execution and removes the  emotional elements from the trade itself. At that
point, the market knows and remembers nothing of what I did on the previous
trade, so I figure both the pocketed money and the mental effort is best
spent on the next trade.

Katherine

- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com]On Behalf Of Logan, Scott L.
Sent: Thursday, June 26, 2003 3:50 PM
To: 'canslim@lists.xmission.com'
Subject: [CANSLIM] Opportunity Cost


I just make a great gain on a stock after being out of the market for a
while. My problem is that the thoughts of "what if" keep popping up in my
mind. Does any one else have a problem with letting go after selling a
stock?

Emotions need to be excluded from the process...

Thanks,
Scott

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