Never Fall In Love!

Recently I watched my favorite football team lose a vital game.

I simply love this team.

I became so emotional about it; I thought "?this isn't good for my health". Can you believe that, but that's how we get when we are passionate. I simply couldn't believe (I didn't want to believe) they could lose.

However, as a committed fan, I was going all the way with them. If they were going down, I was going down with them. After all, you don't give up on your team simply because they don't win every game. On this occasion, I was so wound up, willing them to win, knowing all along they had blown their chances.

I really should have walked away from the TV. However, I stayed for the pain. Oh, the exquisite agony. At the end, my shoulders and head were down, I felt like I'd run a marathon and deeply felt the loss for the team and myself. Was there life after this game?

I should have been saying to myself "? they've done well considering they're a young team, they've done better than expected, so save yourself the heartache and face the fact?this season is not theirs?emotionally detach yourself."

As I was lying on the settee, absolutely exhausted, analysing why I'd put myself through it, my mind went back to my early days of trading. We all go through this and hopefully only in our very early days ? when we learn a few painful lessons. For some, it's enough to put them off trading forever.

We buy a stock, believing the price will go to a higher level. We know it will rise, because it's a blue chip and the indicators all line up. There's no chance this will turn against us. It's a stock we love because we've followed it for some time and it's a household name ? it's been a great performer for years. Of course, we've got our mental stop loss sorted out before we go into the trade.

However, it does turn against us. Because we love the stock we see our stop loss taken out and what do we do? Nothing!

We love this stock and it will definitely bounce back. But it doesn't and like a sports fan, you stick with your "team" and with every decrease in price, you feel that pain and you rapidly go down too - you too are a loser, not only in the sense that you've gone against the rules, but also you've lost your money.

Just like your favorite team, you can't win every time. So, to protect yourself against losing, get out when your stop loss tells you ? don't let your love for a stock paralyse you. In this way, you'll sustain a small loss, but have enough money left to go in on a winning trade.

So, never attach emotion to a trade ? treat them all the same and trade your strategy. And always have a stop loss in place. Don't rely on mental stops as love can make you do crazy things!

NEVER FALL IN LOVE with a stock.

David Chandler

Ordinary People Making Extraordinary Profits!

For free mini-course on stock and options trading click the following link:

http://www.stockmarketgenie.com

Or visit our blog at:

http://www.stockmarketgenie.com

The above comments are offered for educational purposes only. We are not providing you with financial advice. We are simply sharing with you what has and hasn't worked for us personally. If you wish to trade or invest in the stock market you should obtain advice from a registered licensed advisor.

recurring maid service Buffalo Grove ..
In The News:

The iconic Mary Kay pink Cadillac goes electric with the Cadillac Optiq, available only to the company's top 1% of sales force performers.
Cybercriminals abuse trusted Intel driver to gain kernel access and shut down Windows Defender, enabling undetected malware deployment since July 2025.
Using email aliases for online shopping and subscriptions can protect your privacy by preventing companies from linking your activity across websites.
New research shows AI overlap does not equal job replacement, with knowledge-based roles seeing most integration while physical jobs remain least affected.
Scammers target seniors who avoid social media by exploiting public records like obituaries and real estate filings to steal personal information and money
Recovery team in Italy use AI-enabled drones to detect missing hiker's red helmet, leading to successful recovery after months of ground searches
Google Salesforce system breach exposes business data while scammers use incident to target users with fake security calls and phishing attempts.
Google announces Pixel 10 lineup with Tensor G5 chip and Gemini Nano AI, introducing Magic Cue, Pro Res Zoom up to 100x and satellite emergency support features.
C San Diego study reveals 86% of school safety companies monitor students 24/7 on personal devices, raising privacy concerns.
Users can now add their favorite outlets' coverage to the Top Stories section of Google search results by utilizing the 'preferred sources' feature. With just a few clicks, you can add Fox News.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
Interstellar object 3I/ATLAS shows an unexpected frontal glow that Harvard's Avi Loeb says cannot be explained by sunlight reflection or standard cometary outgassing.
Receiving order confirmations for purchases you never made could mean your email address is being exploited in fraud operations targeting multiple retailers.
First wireless brain implant works with Apple's official protocol, enabling hands-free control of iPhones, iPads and Vision Pro through thought alone.
Data brokers sell personal details that scammers use to target retirement funds through fake financial advisor calls and convincing phishing attempts
Ten innovative tech solutions from gait sensors to smart pill dispensers help adults 65+ track fall risks and prevent injuries before they happen.
Meta AI internal documents revealed chatbots were allowed to flirt with children and engage in romantic conversations until the company was exposed by Reuters.
ChatGPT will avoid giving direct mental health advice under new OpenAI rules following instances where the AI model provided harmful or misleading responses.
Your phone tracks you in more ways than that little GPS icon suggests. Here’s how to find and clear hidden location logs on iPhone and Android.
Authorities in France and the Netherlands have been notified. Meanwhile, impacted customers are being told to stay alert.
Apple just rolled out a redesigned Blood Oxygen feature to specific models, following a recent victory in a legal dispute.
Kidney dialysis provider DaVita experienced a ransomware breach by the Interlock gang affecting 916,000 people in the second-largest U.S. healthcare attack of 2025.
A Chinese-made Unitree R1 robot walked Manhattan streets and shopped for shoes as part of KraneShares' $28 million AI robotics fund promotion campaign.
The ShinyHunters cybercriminal group breached Google's Salesforce system through vishing attacks, stealing business contact details and customer data.
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Momentum

One of the basic laws of physics states that a... Read More

The Stock Trading Plan - Why You Must Have One To Trade Successfully

This is the continuing story of our two imaginary traders,... Read More

Option Spread Trading

Spread trading is a technique that can be used to... Read More

Different Ways of Buying Stocks

Let's say you are interested in this one company. You... Read More

Hold Em and Fold Em

When most analysts, financial planners, fund specialists and investors try... Read More

Complacency Indicator

If you haven't heard of the technical indicator with the... Read More

Value Investing: Selecting From The Bargain Bin

Picking a beaten-down stock requires a different kind of selection... Read More

Social Insecurity

Just about everything you have been told about Social Security... Read More

Stock Insurance

You have a lock on your house. You have a... Read More

So, What is This Stock Market Thing Anyway?

We've all heard of the stock market and probably have... Read More

Dont Buy Worldcom! A Guide to Wise Bottom Fishing

Over the past few months, several investment professionals have brought... Read More

Mr. Market

I constantly hear the talking heads on CNBC-TV, the radio... Read More

Its Snowing

The Winter Games for the Olympics are coming up soon... Read More

The Three Little Pigs Went to the Stock Market

Three little pigs went to the market to stock up... Read More

Dont Fight The Fed

One of the great truisms of Wall Street is "Don't... Read More

Market Timing

Every broker and financial planner will tell you that you... Read More

A Penny for Your Stocks

According to Investopedia Inc. the penny stock market has seen... Read More

Dont Spend Another Dollar on Business Opportunities Until You Read This

With an insecure job market, overworked employees, insufficient retirement savings... Read More

Pamplona, the Wild Investment Bulls

You remember (they show it on TV every year) the... Read More

The 401(K): How The Insider Has Stolen Your Retirement!

Mutual funds were moderately successful in creating a presence in... Read More

Why Investors Use Financial Planners

Do you have a financial planner? Does one of your... Read More

Discipline

One of the great "secrets" of successful people is discipline... Read More

Lifestyle Funds Provide Greater Security?

With the stock market stubbornly refusing to settle down and... Read More

Historical Briefing: Stocks, Finance and Money

The World Bank claims that some two billion of the... Read More

A Funny Thing Happened on the Way to the Stock Market

On the 40 year journey through the turmoil of a... Read More

premium house cleaning Glenview ..