Monday, April 21, 2008
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.