This afternoon many of us are chatting on cbox.
Suddenly came out with a logic on being emotionless in trading.
If you seen $XXX,XXX loses before, you will not feel "kan Jiong" on $XX,XXX losses.
If you seen $XX,XXX loses before, you will not feel "kan Jiong" on $X,XXX losses.
If you seen $X,XXX loses before, you will not feel "kan Jiong" on $XXX losses.
If you seen $XXX loses before, you will not feel "kan Jiong" on $XX losses.
That's why big shark can easily eat you and cause you to feel "kan Jiong". (They are not "kan Jiong" but you are.)
Thus, I think money/portfolio Management is more important. It is crucial to take calculated risk and put the amount that you will not feel so much emotional strains on each stock that you have. As such, you will not "kan Jiong" on buying as you ......