If you are investing on your own these two things are sage advise… pulled from Daily letter from
I’m a Loser… Here’s How I’ll Change in 2012 in the Daily Wealth Premium letter by By Dr. Steve Sjuggerud Tuesday, January 10, 2012
“I urge you to do what I do…
1. Look at all your losers and think about what you can do to do better next time.
2. Think about how you can improve your ratio of gains on winning trades versus losses on losing trades.”
One of the premise is that you will never win them all but you must win more than you loose and some of the best ways to do this are the two above methods… along with a long list of other things you have to do, like “STUDY” and “Stop-Loss”.