RE:RE:RE:RE:RE:RE:IPI copied previous from 'The Reformed Broker', of whom I know nothing. But knew of Livermore and his aphorisms. It is hard to be patient, but, unless you're a damn good trader, and few are, you won't make any real money without patience. The challenge for those who play it my way, is understanding when a stock story has truly gone off track, and being willing to accept the loss, and that one was wrong. The share price can be misleading, and is not what i'm writing about, The mkt is always right....in the end, but not all along the way, so never sell just because the sp has gone down.