Stock Doc: Stick to Your Guns

In the fifth inning of my game Sunday, I singled again and was faced with the same decision as in the second inning. I had learned from my previous attempt that I could have successfully stolen second if I had slid headfirst. Against the same pitcher, I went against my urge to play it safe, and took off on the second pitch again. I wasn't going to be denied this time and went in headfirst. When the umpire called me safe and my teammates cheered, I reminded myself that I could never be a great baseball player if I started to doubt my ability to steal.

Even if you are foiled in a fast-moving trade, keep coming back into them with the same tenacity and conviction. If you have a good strategy and solid data points, you will reap the financial rewards at the end of the day. There are no real mistakes, just new learning experiences!

Please write to the Stock Doc with your trading, emotional or investing dilemmas. Dr. Cass always welcomes comments and stories, for which he'll try to offer valuable solutions in later columns.