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As a brokerage company owner I had seasoned brokers do the sane thing. I knew I must get away because my investment strategy would be clouded by success.

Too many of the big winners seem to alter their basic trading plan because they now had a large amount with which to trade causing them to deviate from their successful pattern.

Have you had one of those huge investment winners – a stock that went from $2.00 to $80.00? Or any other numbers you want that gave you a gigantic percent profit?

Did you take the profit or did you watch the equity drop back down to what you paid for it? I hope you sold and kept the money. That’s what it is all about. So many times when I was a floor broker I have seen customers make large profits and then think they were omniscient close trading and within a short period give back what they had made.

As a trade acting company owner I had seasoned brokers do the sane thing. One of my men made $150,000 in a short time. I styled to congratulate his performance and suggested he take a vacation from trading for a while. He said, “No, Al, I know what I am doing”. The very next month he lost $155,000. What happened?

Listen heedfully as I am going to tell you one of the great truisms not found in the trading training manuals. If you are doing any trading whether in stocks, mutual funds, real estate, currencies, whatever, this applies. Print this out, frame it and put it up on your office wall.

“Making a lot of money is just as upsetting to your mind as losing a lot of money”.

A big score destabilizes thinking. Many people want to do it besides and another time so they immediately plunge back into their investments with their winning cash and make bigger bets. It is all but without exception that they originate losers and give back their winnings.

For many years I have admired taking time off on account of a big profit. It takes time to get your head on straight again. As a former floor trader I would have within hearing 6 or 8 times during the year when I made a good “hit”. Then I would immediately call my travel business agent to ask where I could go for a week. I knew I must get away insofar as my investment strategy would be blind by success.

Too many of the big winners seem to subvert their pure and simple trading plan now they now had a large measure with which to trade causing them to deviate from their successful pattern. They then became losers. now of their success their thinking subversive and they were not niggling of what had happened. The trader must get away and let his emotions down.

A disturbing event, even a positive one, can convert up your thinking. If you want to keep your investment profits you must keep your emotions under control.

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