Monday, April 21, 2008

Apache (APA)


I checked my account today and noticed that my shares of Apache (APA) - the gas and oil company - climbed 32% in the last month.

This certainly has helped my account out ;-)

Now, you may be thinking that I should sell quickly and grab the profit.

But, I don't think that way anymore.  Before I had my system, I would have gotten excited and sold my shares weeks ago.

After years of success with my system, I trust it completely for long term success.

The idea of giving in to fear and greed, and not following my system, just does not occur to me anymore.

I will take profits exactly when my rules (which are in my trading book) tell me to.

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