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Re: [RT] When & How to Quit When Losing



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Dear Antique :-),

This really is one of the best responses I have seen to the common and
frequent misconception about trading. Thanks for sharing it with us.

Regards,

Levent

----- Original Message -----
From: "Alexander Levitin" <alevitin@xxxxxxxx>
To: <realtraders@xxxxxxxxxxx>; <realtraders@xxxxxxxxxxx>
Sent: Sunday, December 03, 2000 2:36 AM
Subject: Re: [RT] When & How to Quit When Losing


>
> At 07:22 PM 12/2/00 -0800, Ira Tunik wrote:
> >  Trading is
> >one of the most unsatisfying endeavors there is.  You do not create
> >anything, you
> >do not benefit anyone else's situation and you do not contribute to
society.
>
> Dear Ira,
>
> You raised very interesting question that was discussed by Plato just a
few
> years ago.
>
> "Suppose now that a husbandman, or an artisan, bring some production to
> market, and he comes at time when there is no one to exchange with him, -
> is he to leave his calling and sit idle in the market-place? Not at all;
he
> will find people there who, seeing the want, undertake the office of
> salesmen. ... their duty is to be in the market, and give money in
exchange
> for goods to whose who desire to sell and to take money from those who
> desire to buy."
>
> So you are needed as much as anybody else in the society. Hope that this
> understanding will light up your day (especially, when market is going
> against you wishes).
>
> Antique Alex.
>



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