One of the funniest and at the same time most insightful videos I’ve ever seen. So much truth involved. These really are the 5 stages you go through if you fail to cut your losses and instead hold on to a losing position.
* Denial – Trading Rule 48: When the ship starts to sink, don’t pray – jump!
* Anger – Trading Rule 28: The market is cruel, it gives the test first and the lesson afterward
* Bargaining - Trading Rule 1: Never, under any circumstance add to a losing position…. ever!
* Depression – Trading Rule 3: Keep a positive attitude, no matter how much you lose
* Acceptance – Graciously accept losses
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