Thursday, August 6, 2009

Bad Move

My friend gave me a good piece of advice yesterday. I wish I had taken it.

Today I faced with two decisions. First, to lock in some gains via purchasing BAC puts and second to take profits on my natural gas position. I wanted to do both first thing in the morning. I decided not to because I was afraid and as a result I lost money instead of making it.

He who hesitates is lost.

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