I’m still depressed about some of my trades these last few weeks. I was stopped out of Silicon Motion (SIMO) on the big drop of Feb 27th and that stock has never looked back. I definitely feel that missing out on big gains is much more painful than taking a big loss. The thing that really sucked is that there was so much panic that day that I couldn’t cancel the stop order when the markets opened. When the order finally went through, it was $1 below the stop point.
To add insult to injury, Almost Family (AFAM) made the IBD 100 list this week. I was following this stock back in September 2006 and missed the buy point. It has since doubled. Again, very, very painful.
I hope I’m learning from this.
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