In GGC we had heard people chase losses, yet some of us still continue to do it. Chasing losses is only attractive to a newbie. Some of us who had chalk up catastrophic losses would tell the thread they want to join QGC but they would not take the first step to see YC (our in-house rehab worker). This is all about pride. They do not want to admit they need help but their action tell everyone that they are just amateurs.
If you can't admit you are chasing losses you are doomed to repeat it again.
ReplyDeleteBuilding castles in the air is fun but you will eventually outgrow it. Chasing losses is not fun but gamblers don't outgrow it.
DeletePride prevent us from admitting mistakes.
DeleteIn my naivete have chase after the unattainable. In due time, I learn to set realistic goals. Don't pile up losses: leave.
ReplyDeleteThe rookie will always be to eager to chase losses.
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