Monday, 6 December 2010

Making one or more fatal mistakes!

If we  keep doing the same risky activities again and again and sooner or later we will make at least one fatal mistake and hopefully we can still survive from it. It is no different from investing or fishing, sooner or later we will make at least one fatal mistake and get badly hurt.

I was once stung by a baby sting-ray when it looked so small to appear to be highly dangerous. It was so painful, cold sweating and I was close to fainting.

Similarly, in investing or trading, leverages may not appear to be highly dangerous like a baby sting-ray. But, if we made a fatal mistake, it could hurt so badly.




Did you see three barbs on its tail?


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