Frustration 101

There are many parts of trading and investing that are frustrating.  But there are few things more frustrating than being long and not making money when the market is going up. This is precisely what has happened to me in recent days.

I have a healthy weighting of software in my portfolio, which has gotten killed since Oracle reported earnings. In the meantime the market has risen. I am sitting on a loss for the past three days while the market is rising.

I have been trading for a long time and have learned to control my emotions, but this is one I cannot get over. I logically understand that as a stockpicker and a contrarian this is bound to happen. In the end I'm just an overgrown, emotional primate.

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