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What's Your Story?
January 11, 2014

What's Your Story?

My wife and I recently flew across the country to visit our son in Oregon. It was a long flight, but thankfully we took a southern route and we weren't impacted by the flight delays up north. My wife had the window seat by request and I was in the middle seat between her and a gentleman from Arizona.

Since it was a long flight, the man and I began to ask questions about each other and share our career stories. He is a semi-retired engineer and very successful in a highly specialized field. When he asked about what I did, and I told him, he sort of laughed and then shared his "investment" story.

He had never been an active trader or investor. But one time he took a tip from a friend about a certain stock. Soon after he bought it, the price went lower. He held on and the price continued lower. He finally got out of the trade near its bottom and the pain and financial loss was enough to make him never trade again.

It's a story you may have heard others tell. It's a sad story because I never like to hear of anyone suffering a financial loss in the market. But it also rekindled an idea that's been in the back of my brain for 4-5 years now. The idea is a book that would share some of these stories with other traders. Perhaps if other traders and investors could read these stories, then they would know some of the pitfalls related to trading.

So I'd like to ask for some help with this.

I already have a basic structure for the book. But I'd really like to include stories from other traders. And this is where you come in. I'd like to hear your story.

This exercise or reflection could be helpful to yourself and other traders in the future. And here's the deal...if I use your story in the book, then I'll send you a free copy of it.

So this is what you do...just hit "reply" to this message and tell me your story within 2 or 3 paragraphs. We've all had trading losses in the market, but I'd like to hear your story and what you've done about it. You can approach it from several angles. You might just answer one of the following questions:

"What has been the cause of your trading losses and what have you done to fix it?"

"What do you wish you had done differently when you first started trading?"

"If you had to pass on some trading advice to one of your children, what would it be?"

You get the idea. There's isn't just one approach. But the idea is just to get your story down on paper. The reflection might do you some good and benefit others as well. And, as I said, if I use your story in the book, then I'll send you a free copy.

Also, if you don't mind, please include your first name, city, and state in the email response. This will make your story a bit more personal. No last names, please.

Thanks for your help. I'm looking forward to this project.

As always, I hope your trading is going well.


Bob Joiner

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