Loss

i had this nice idea/intention which i wanted to do so for upcoming bday celebration
but i guess no luck to do so.. not this time. sigh :( :( :(

anyway, i just EPS-ed $1000 into the CDP account.
(recalled that i mentioned i was prepared to lose as much as this amount for one trade)
i didnt though. but its kinda stupid to think the way i think now

Can i still feel happy when i lose money? i think i can afford to do so very soon
lets say, 500 bucks in just one shot, gone with the wind like that?
i recalled just joking about it ytd nite, that 2 x 500 can buy one LV bag?
well i think its coming true. hahahahaa

i've won a bit b4, enuf to cover at least my all sch loan repayments for half a year now
now its time to lose a lot more. to learn?
sumhow i hope i got over the psychological barrier of handling "big" money losses
well its not really big after all, but still big
LOL "not big but big amount", another of my funny thinkings

for the soccer stuff last year, there was once i couldn't sleep well for 2-3 days
and the amount involved was even less. i think only 300+ for a few teams then
now its hundreds for just 1 company LOL. i guess my fear is reducing! =)
there was one time i lost 100+ in buying 1goal/2goals for 8 champions league games
NONE scored 1- 2 goals. i remembered that clrly.
eventually, I ditched that for the "draw system" which is way better. =)

for now, im pleased to know i have just lost about $300-400(admin charge) for Cosco
really pleased. cause i had the chance (i always had) to make a small profit of $200-300
but i do not know if it was greed or pure optimism or confidence in the chart reading i learnt
then some corrections had to take place, and i didn capitalise on my win
and by then the price corrected and fell. LOL

COSCO corporation. Fark you. u had to realise the wrong news at the wrong time hor..
i will do WHATEVER it takes to be a master at momentum trade on stocks like you
__

this has to change, i've no doubt about my ability to pick potential stocks by now
almost 80% of the stocks i shortlisted (but didnt buy =/ ) have gone up much in value
eg. China Eratat has risen almost 100%!!! it was 0.125 and now its 0.26++!!
or China Sky was once 0.150, now its 2.30++ !!!
the only question is using which method, and timing of exit (after $x of profit etc)

i guess even if have to lose 2k, 3k (as long as i still have enough left to pay my sch fees)
it should be fine. i will handle much much much more money in future
therefore, i think these small amount lost are like real-life fees
real-life fees for developing my own risk management mantra/model

for now i'll treat it as "instead of saving 700 per month"
its as though im saving 500 per month.
OR
i just spent 500 paying for a stocks lesson
(while others spend hundreds on "assets")

thats a more positive way to think ;)