One of the earliest lesson I've learned in investing is when to walk away. Sadly, it's a lesson that I seem to have to keep relearning every few trades. Take HRP for example, I knew I should've sold it when I had a chance, when the dollar averaged result was still a gain, or at least, not that big of a loss. But I decided that I was going to be smarter, and hold out for a little longer. End result, the stupid stock took a $0.20 drop at the end of the day, and now instead of having a break even result, I'm stuck with a loss for the moment and have to sit on the stock.
Another idiotic thing that I did was I bought FSLR by accident when I didn't pay attention to the condition I was setting. I can't believe it. Definitely not a good day for stocks. Well, at least April is over, so far, I can say this isn't a good year for stocks. The old lessons that I keep relearning:
1. Always know when to walk away.
2. Pay attention, because even a small mistake might cost a fortune.
Another idiotic thing that I did was I bought FSLR by accident when I didn't pay attention to the condition I was setting. I can't believe it. Definitely not a good day for stocks. Well, at least April is over, so far, I can say this isn't a good year for stocks. The old lessons that I keep relearning:
1. Always know when to walk away.
2. Pay attention, because even a small mistake might cost a fortune.
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