Rookie stuff.

Originally posted by sallyboy
Keep in mind that there is the new 25K rule which will keep you out of intraday trading

everyone should complain about this terrible new rule. i just did again today. go to sec.gov and e-mail them.
 
Yes, it's important to keep your losses small. However small losses adding up can kill you all the same. So there are two ways to knock yourself out:
(1) Letting a small loss turn into a huge loss--a quick death
(2) Small losses + overtrading = suicide via morphine drip
If you sustain consecutive small losses, stop trading for a while. Chances are you are desperate after suffering losses, so you want all the more to recover your losses quickly. Yet my experience tells me that this could be suicide via morphine drip.
 
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