Greed...source of all losses

[WR]

This must be true, for me its a fact and I still never learn. As usual, today I was up 12K on BIL, thought it would go to R20K...waited and now profit is wiped out. When will I learn....

[barry_1]

took me a long time to learn as well,but now use rigid(fixed) stop-losses....the secret i think is never to lower them at days end thinking it'll turn tomorrow as once they start going down the trend lasts longer than one thinks it will.