They say that a fool is someone who tries to accomplish change by using the same approach. Those that don't allow for new ways of looking at things are the ones most resistant and perhaps hostile to what others say. Behind most of it is the need to be right, which also leads one to hold onto ideas that validate their position and allow them to make acceptable that which is actually bothering them on a deeper level. The result is that resistance to change. To succeed in the market requires one to admit when they have made a mistake and to correct that mistake before it becomes serious. How many time have I heard posters from all over comment on how much they are in the red and that they have to wait because they can't sell that low. I can appreciate that sentiment, however I equate this to taking a bus to the wrong city. Instead of riding all the way to the wrong location I'd be looking to jump buses and make time or in this case money. The point though is not to ride to far before you make that change as it certainly gets harder. Losing money in that market is a given no matter how good you are but it simply requires that you keep losses small and allow the good moves to go as far as they can. I have no interest in trying to be right in every investment. My interest is in being flexible enough to move without hesitation when something is going against me. Flexibility and openness are traits valuable in all aspects of life. I try to improve every day. Some day I might even get pretty good at it.